Accounting
Aug 14, 2026
The Big 4 Told the PCAOB: Don't Write AI Rules Yet
Three of the four largest audit firms already pulled AI-tainted reports. Their PCAOB comment letters still ask for guidance, not rules. Here's the gap.
Jim SmartRead
Nexairi: AI is here. We'll walk you through it. — AI News and Analysis
Accounting Desk
Top StoryAccounting Coverage
AI adoption in accounting tripled in two years — from 8% in 2024 to 40% in 2026. The 2026 Thomson Reuters report shows the firms pulling ahead have one thing in common: a real strategy. The ones without a policy are falling further behind.
Jun 4, 2026•Accounting•Sydney Smart CPA
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Coverage for firms, tax teams, and finance leaders tracking how AI changes accounting work.
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Latest Accounting Coverage
Feed ViewAccounting
Aug 3, 2026
AI Labs and EY Got Breached. What Your Firm Should Check
Anthropic, OpenAI and EY each disclosed a security incident within ten days. Here's what the pattern means for CPA firms vetting AI tools and vendors.
Jim SmartRead
Accounting
Jul 21, 2026
AI Took the Fractional CFO's Reporting. Not the Judgment.
AI is absorbing the manual reporting fractional CFOs used to bill for, leaving advisory work as the real differentiator and the part worth re-pricing.
Jim SmartRead
Accounting
Jul 20, 2026
5 AI Prompts That Make Your Tax Research Defensible
Five copy-paste AI prompts CPAs can use to research a tax question, translate it for a client, verify the citations and know when to bring in a specialist.
Jim SmartRead
Accounting
Jul 6, 2026
Australia Just Proposed Breaking Up the Big Four Firms
Australia's Treasury proposed splitting Big Four audit and consulting arms after a KPMG scandal. Here's what US audit firms and committees should watch.
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Accounting
Jul 1, 2026
5 AI Tools CPAs Are Asking About This Week
Five AI tools showing up in CPA conversations this week. What each does, why it matters for your practice, and the one verification question to ask before trialing it.
Jim SmartRead
Accounting
Jul 1, 2026
Six Accounting AI Startups Raised $552 Million in the First Half of 2026
Six purpose-built accounting AI companies raised $552M in the first half of 2026, backed by Goldman Sachs, Accel, Lightspeed and General Catalyst. Here's what each VC bet on and what it means for CPA firm vendor evaluations.
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Accounting
Jun 29, 2026
Deloitte Just Equipped 85,000 Auditors With AI Agents. Here's What Your Firm Should Do.
Deloitte deployed a unified agentic intelligence network inside Omnia to 85,000 auditors. Mid-size firms competing for the same clients now face measurable competitive pressure. Map your three highest time-cost workflows and evaluate tools like Suralink that close the gap.
Sydney Smart CPARead
Accounting
Jun 29, 2026
No New AI Rules for Financial Reporting. Here's What That Actually Means for Your Firm.
The SEC will not issue prescriptive new rules for AI in financial reporting. Existing COSO and ICFR frameworks apply now. CPAs must audit client AI use and document controls this quarter—before auditors start asking detailed questions.
Sydney Smart CPARead
Accounting
Jun 25, 2026
The IRS Just Published AI Rules for Tax Practitioners. Here's What You're Now Required to Do.
OPR Alert 2026-19 clarifies that Circular 230 applies to AI use. Here are the four obligations you must meet and the documentation framework OPR will expect.
Jim SmartRead
Accounting
Jun 22, 2026
PE Owns the Top. AI Owns the Bottom. Here's Where the Small CPA Firm Stands.
Private equity consolidates the top of the accounting market. AI automates the bottom. Small independent firms are caught in the middle. Here are three strategic paths forward in 2026.
Sydney Smart CPARead
Accounting
Jun 19, 2026
EY Cut Junior Auditors While Targeting 100% AI by 2028
EY deployed AI agents across 130,000 auditors in April 2026 and cut audit Staff 1s in June. Here is what the combination means for mid-size audit firms still hiring for the old model.
Sydney Smart CPARead
Accounting
Jun 18, 2026
Suralink Automated the Full Audit. One Control Gap Remains.
Suralink launched a comprehensive agentic AI platform with Claude and Copilot integrations on June 3, 2026, completing three product launches in 90 days that now cover the full audit lifecycle. Here is what firms need in place before enabling the agents.
Sydney Smart CPARead
Accounting
Jun 17, 2026
KPMG Published Citations That Don't Exist. Your Firm Might Be Next.
KPMG's October 2025 AI report contained 40 fabricated citations out of 45 analyzed. Most accounting firms lack verification workflows before shipping AI-drafted client work.
Sydney Smart CPARead
Accounting
Jun 17, 2026
AI Cut Tax Research Time. Now 69% of Firms Don't Know What to Charge.
A Blue J / CPA.com survey of 1,000 tax professionals found near-universal AI time savings and 69% planning billing model changes but almost none have built a new model yet.
Sydney Smart CPARead
Accounting
Jun 9, 2026
Crypto Brokers Filed Wrong Cost Basis. IRS Notices Are Going Out.
Brokers can't report cost basis for crypto transferred between exchanges. The IRS flags every mismatch. Here's what CPAs should do before clients call.
Jim SmartRead
Accounting
Jun 3, 2026
Ramp Stack: The AI Close Tool 92 of Top 100 CPA Firms Use
Ramp Stack learns your firm's close process once, then runs it every month across all clients. 92 of the top 100 CPA firms use Ramp. What to check first.
Sydney Smart CPARead
Accounting
Jun 2, 2026
Your Firm's AI Adoption Metric Is Probably Broken
KPMG set a 75% AI usage target. Employees hit it by asking the AI what the weather was. Only 42% of organizations can audit their AI decisions. Here's how to measure adoption that actually sticks.
Jim SmartRead
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Other categoriesBusiness
Sep 18, 2026
Workers Are Paying for the AI Revolution Themselves
British workers spend nearly £1 billion a year on AI tools for their jobs. Employee-funded and shadow AI are changing what workplace adoption really means.
Technology
Sep 17, 2026
Palantir and Nvidia Are Restricting the Same AI They Sell
Palantir, Nvidia and Booz Allen restricted staff AI use over data-retention terms. Zero data retention covers less than you think. Check this before you renew.
Business
Sep 10, 2026
The $100 Billion AI Power Plan Has a Lot of Blank Spaces
South Korea may help fund eight US nuclear reactors and a 6.3-gigawatt Texas gas plant for AI demand, a package worth more than $100 billion. The scale is huge but almost nothing is signed yet.
Business
Sep 9, 2026
Google's Finland Nuclear Deal Signals a New AI Buildout
Google will spend about $15 billion on Finnish data centers and, in the same announcement, signed a 22-year deal to buy half the output of the Loviisa nuclear plant through 2049. The contract, not the capex number, is the signal: the AI buildout has moved from announcing demand to committing to it.