To make artificial intelligence worthwhile as an accounting tool, companies must find ways to balance gains in efficiency with the ethical risks it presents.

Regulatory complexity also continues to be a significant challenge, and was cited by 41% of firms as their top issue.

and predictive cash flow analysis, helping accountants focus on advisory services rather than manual data entry. When selecting an AI accounting tool, businesses should weigh several factors to ensure ...

Artificial Intelligence has fundamentally changed how we approach data analytics, offering unprecedented capabilities in ...

There is currently a broad debate taking place around the impact of AI technology in various professions, including the ...

“The data shows that firms leveraging ... AI is underutilized for accounting functions: Only 13% of firms are using AI for financial analysis and research, revealing untapped opportunity for ...

In the digital age, data is a critical asset for organisations aiming to maintain a competitive edge. Nihka Technology Group specialises in harnessing the power of artificial intelligence (AI) and ...

“AI is already changing the game for accounting, enabling accountants to shift to higher-value advisory work and making firms more competitive,” added Chad Davis, co-founder and partner of accounting ...