Errors in Deloitte report underscore need for care with AI
Deloitte will partially refund the Australian government for an advisory report containing inaccuracies introduced by one of its AI models.

Expiration of ACA tax credits may cause heavy job losses
The expiration of premium tax credits for health insurance could lead to hundreds of thousands of job losses and billions in reductions to state revenues.

IIA opens Global Audit Committee Center
The Institute of Internal Auditors has set up a Global Audit Committee Center in Washington, D.C., to provide a global hub for strengthening audit committees.

AI adoption grows in audit
The adoption of artificial intelligence technology in audit functions is on the rise, increasing from 8% to 21% in only one year, according to a new report.

Chicago mayor revives tax once dubbed 'job killer'
Brandon Johnson wants to close nearly half of next year's $1.19 billion deficit with new or higher taxes on large corporations, big tech companies and the rich.

Family office acquires Maryland firm
Family Office of America's Maryland subsidiary acquired Maryland-based CPA firm Toone & Associates — the latest example of family offices entering the accounting space.

Your CPA firm's advisory board — now powered by AI
With artificial intelligence, you can draw on the perspectives of top business leaders in real time on a wide range of subjects.

Canopy adds AI client questionnaires, enhances Engagements module
Canopy announced AI-powered upgrades to its Smart Intake solution, including a client intake questionnaires and a completely re-imagined Engagements module.

Wolters Kluwer rolls out Expert AI for CCH Axcess
Wolters Kluwer announced the launch of "Expert AI," which will be woven throughout its CCH Axcess product, its capacities now integrated across tax, audit and firm management workflows.

New Yorkers face likely tax hikes no matter who becomes mayor
Some kind of increase seems on the cards as the Empire State braces for billions in federal cuts to health and food aid.