Technology

Embracing these timekeeping practices is essential for contractors to comply with federal standards and to be paid for their work.

AI tools like ChatGPT can be used to streamline financial statement analysis and other client accounting service tasks. Here’s an example of what it can do with an income statement.

We’ve identified five trends for process improvement that leaders in the accounting profession should be aware of to ensure their firms remain at the forefront.

Accountants’ biggest concerns about adopting advanced technology are data quality (46%) and security (38%), according to Intapp’s recent Technology Perceptions Survey.

The revised rules provide detail and clarity for auditors when performing procedures using technology-assisted analysis.

Cloud vendor lock-in can impact businesses that are migrating to the cloud. Lete's take a look at some pros and cons.

Hosts Randy Johnston and Brian Tankersley, CPA, review Laurel.ai, automated timekeeping solution that uses real AI to not just track hours, but also to unlock a new level of profitability and efficiency.

The report also revealed that four out of five firms (79%) are increasingly using communication surveillance technology to identify misconduct and culture risk.