Accounting stories
Most Australian accounting firms expect AI to reshape hiring and services, rather than reduce headcount, the Xero survey found.
More than one million extra sole traders and landlords will be pulled into Making Tax Digital from next April, boosting demand for bookkeepers' guidance.
The hire comes as the identity security company passes USD $500 million in annual recurring revenue and faces sharper scrutiny on profitability.
Passing USD $500 million in annual recurring revenue, the identity security group is adding public-company finance expertise as AI demand reshapes the market.
Record registrations underscore the Cook Islands' growing reliance on US-backed trust business, even as local staffing gaps widen.
The Australian quantum computing firm is bolstering its US-facing leadership as it prepares for expansion, manufacturing growth and wider commercialisation.
AI will reshape accountancy, but employers still need graduates who can provide judgement, trust and reassurance when businesses face uncertainty.
Businesses using manual tax processes could cut compliance costs sharply, with a Forrester study putting Avalara's payback at under six months.
Month-end chaos and FBT risk persist when travel data is scattered across booking, card and expense systems, leaving finance to reconstruct trips.
The deal gives Greenhawk's 22 staff access to Silicon Valley and Singapore engineering support, easing tax compliance work and speeding client insights.
Administrative work is draining profitability, with professional services firms in Australia, India and Singapore losing USD $60,000 a year each.
Finance chiefs are being warned that weak controls, not poor technology, could make early AI agent pilots in accounting fail.
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.
The update aims to cut setup complexity and keep finance teams and auditors in control as AI takes on more oversight work.
Many finance teams are losing up to 39 hours a month to reconciliation and banking admin, exposing a stubborn automation gap.
Finance teams are losing money to payment scams as generative AI makes fake invoices, emails and voice requests harder to spot.
Small firms using the app can now automate tax set-asides and invoice checks as banks race to curb fraud and cut admin.
The US advisory firm is formalising years of AI investments with a dedicated unit that will test tools inside its accounting and client work.