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Artificial Intelligence

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How AI can help accounting stay afloat 

The UK audit market is awash with tension. A variety of factors are redefining the landscape, but most prominent are the widespread scrutiny of auditing practices and high-profile allegations of malpractice. As a result of these tensions, trust in accountancy is falling – with both the public and politicians questioning the role and responsibilities of […]

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IRIS launches AI assistant for accountants

IRIS has launched a suite of artificial intelligence products and services for accountants practice. The software group’s first product in this offering is the Ai Auditor™,  which has been developed by MindBridge Analytics Inc. The tool enables accountants to address skill shortages and deliver risk and fraud assurance services. Reducing labour intensity MindBridge Ai Auditor […]

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AI will not replace ‘humans doing thinking things’

My heart sank recently when I read the Bank of England’s chief economist, Andy Haldane, scaring Times readers with his artificial intelligence predictions. Of course, AI will affect most industries, but it seems rather short-sighted to think machines will entirely replace humans doing thinking things. Technology has been a serious part of our world now for […]

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Emerging tech offers opportunities for accountants

Accountex USA takes place next week in magnificent Boston, of Red Sox fame. There will be about 100 exhibitors at the Hynes Convention Centre on August 22-23, including Intuit QuickBooks, Sage, Receipt Bank, HubDoc and Zoho. And just as with Accountex London and Accountex Summit North, there’s a fascinating speaker line-up, too – headed by cyber-security expert Dave […]

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Can robots boost the accounting client experience?

One of the hottest topics of summer 2018, apart from the heat of course, is artificial intelligence. Wherever you look there are new takes on how AI is going to affect business and it can be hard to take on board some of the predictions. For instance, Gartner, the research and advisory group, reckons that by […]

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AI is the way forward for accounting

I spotted this headline in Forbes. “Why Artificial Intelligence Is The Future of Accounting”. This statement seemed to run counter to a lot of robot scare stories I’ve come across since taking up my role as Accountex editor three weeks ago. The author of a new study, Jean Baptiste Su, VP and analyst at Atherton […]

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Does QuickBooks Assistant have the answer?

Artificial intelligence for accounting is landing in the UK. Because software provider Intuit QuickBooks is launching QuickBooks Assistant after its US introduction last year. And the group says the chat-bot will tell you how much you made last month. How much you’re going to make next year. And how much tax you owe! QB Assistant is […]

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