Accounting stories
Australian small businesses and accountants will get more automated bookkeeping help as Intuit rolls out its AI platform in QuickBooks and Accountant Suite.
A looming 17,900-person shortfall in Australian accounting is pushing firms to use AI as a recruiting draw for graduates.
Most Australian accounting firms expect AI to reshape hiring and services, rather than reduce headcount, the Xero survey found.
Late-arriving receipts, approvals and invoices force finance teams into repeated month-end firefights, wasting time that should be spent on judgement.
Businesses can now delegate more complex finance, HR and supply chain work to governed AI, as Oracle expands its agentic software suite to 75 applications.
The Auckland fintech plans to double staff as the NZ$5 million funding commitment backs expansion in New Zealand's open banking market.
AI-related work helped push EY's annual revenue to USD $57 billion, with clients shifting from trials to wider business use.
More than one million extra sole traders and landlords will be pulled into Making Tax Digital from next April, boosting demand for bookkeepers' guidance.
Rising AI use is exposing a training gap in Singapore's finance sector, prompting a new exam to test when professionals should trust or verify output.
The move gives the Top 25 US accounting firm a governed AI platform for audit work as rivals race to modernise assurance tools.
Institutions are testing vaults to cut back-office costs and enforce risk rules in onchain lending as tokenised finance matures.
Most New Zealand accounting firms expect AI to reshape workloads and lift advisory services, with 94% saying it will not cut jobs next year.
Clients will now see audit work and document requests in one live system as the Kansas firm replaces a 20-year-old platform.
The hire comes as the AI software group expands its platform and looks to boost investment in customer-facing tools.
The funding will help the fintech meet rising demand as enterprises seek to free up cash tied in unpaid invoices and cut days sales outstanding.
Taxpayers, recruiters and operations teams face tighter decisions as AI speeds up workflows and Making Tax Digital forces more frequent reporting.
The tie-up could help small firms spot cash-flow risks and growth opportunities faster, while keeping owners in control of any action.
As states tighten rules on digital goods, the San Francisco startup will use the capital to expand into new industries and add staff.
Small firms facing cash-flow pressure can now access funding in as little as 24 hours through ANNA's app, based on trading revenue.
Finance admin is limiting growth plans for many UK SMEs, even as 56% say they are confident about the year ahead.