Accounting stories

Accountants double down on everyday AI tools, as optimism stays high but scepticism, job fears and data security worries all intensify.

Monzo launches free HMRC-recognised in-app tax filing for sole traders and landlords, ahead of Making Tax Digital for Income Tax in 2026.

Tech leaders tell Sadiq Khan to stop warning of AI ‘mass unemployment’, saying firms use it to boost productivity, not scrap jobs.

Zapier survey finds 92% of staff feel AI boosts productivity, yet workers spend hours each week fixing low-quality ‘AI workslop’ outputs.

Canadian firms are losing cash and facing fines after using chatbots like ChatGPT for tax advice, a survey of accountants has warned.

Money has overtaken health, time and relationships as the main driver of life satisfaction in the UK, new research from Intuit shows.

AI will reshape risk, trust and compliance in 2026 as firms swap hype for embedded tools, tighter controls and higher regulatory scrutiny.

OutSystems names Fay Sien Goon as CFO to steer global finance and support its push into AI-powered application development and agentic systems.

Finance chiefs warn 2026 AI tools must be fully auditable and data‑driven, with ‘prove it’ tests replacing hype in buying decisions.

AI will move from hype to hard choices in finance in 2026, as firms juggle automation gains with surging cyber threats and cost pressures.

UK accountants say firms are already losing money to flawed ChatGPT tax advice and warn misuse of AI could trigger failures by 2026.

Finance chiefs brace for AI upheaval as CIMA warns of widening skills gap and underprepared teams despite soaring expectations.

Azets names Trevor Attridge Group CIO to spearhead global digital strategy, AI adoption and automation across its international operations.

Australian legacy firms in banking, insurance and accounting are turning vast data troves into a new competitive edge through modern digital systems.

ConnectOS ranks 37th on AFR Fast 100 for the fourth year, posting USD $66m revenue and 65% growth, expanding its offshore teams for Australian firms.

Cloud accounting provider iplicit integrates with MCS Rental Software to streamline rental finance management for growing mid-sized businesses.

Natalie Garfield joins The CFO Centre as CFO to drive growth and support South Wales businesses with over 20 years of financial leadership experience.

Research reveals many small businesses in Australia, the UK and US are cautious about AI, despite growing confidence and benefits like time savings.

AI is rapidly transforming accounting, shifting roles from bookkeeping to strategic advising and reshaping how firms deliver value amid economic challenges.

Stacks launches an AI platform using agentic technology to streamline finance workflows, cutting financial close times by 50% for accounting teams.