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The next frontier in accounting: Autonomous AI agents

Accounting Today

Such advanced capabilities are driving rapid growth in the AI agent market, expected to expand from $5 billion today to approximately $47 billion by 2030, according to a study by ResearchAndMarkets.com. Power without guardrails is a risk Of course, the benefits only matter if the technology can be trusted.

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New GASB Members Named

CPA Practice

His term begins July 1, 2025, and extends through June 30, 2030. This will extend her service through June 30, 2030. Scott currently serves as the director of finance and administration for the city of Brookfield, Wisconsin. The Trustees also announced the reappointment of Dianne E. Ray to a second term on the GASB.

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What oil and gas companies need to know about taxation worldwide

ThomsonReuters

Clean fuel credit extension: Extends credits for clean fuel production until 2030. But because the AMT is based on financial statement income, not taxable income, IDC deductions don’t lower taxable income as much as they can for smaller oil and gas companies not subject to the AMT.

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Monday Morning Accounting News Brief: The Diversity-est Big 4 Firm; An EY Record; PCAOB Stream | 10.17.22

Going Concern

32 leading industry commentators, CEOs, CFOs and board members from across the world have contributed their views on the future of financial services for KPMG’s Voices on 2030: Financial Services reinvented report. In Australia, PwC has launched an energy transition team , enticing professionals away from several competitors.

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Friday Footnotes: Private Equity DGAF; Controllers Reflect on Their Future Skill Set; PCAOB Does Something | 9.27.24

Going Concern

Controllers prep for ‘dramatic’ role changes, focus on value creation: EY [ CFO Dive ] Over the past decade, CFOs have seen their roles evolve from a purely numbers-focused position to one where they are expected to be a strategic driver for their organizations — and financial controllers are right behind them.

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Monday Morning Accounting News Brief: Consulting Pay Freezes; AI, Audit, and You; KPMG Mega Merger? | 11.6.23

Going Concern

NYT Magazine talks about Deloitte’s creepy monetization of the final frontier : Befouling the Final Frontier When its time comes, in 2030 — unlike Mir before it, which was de-orbited so it would burn up in the atmosphere — the I.S.S. We might dig deeper into that survey, we’ll see. will fall into the sea.

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ChatGPT Can Pass the CPA Exam But Here’s What It Can’t Do (Yet)

Going Concern

Haven’t they been saying for at least ten years now that 95% of accountants will be replaced by 2030? We’re still going to have debits and credits, financial statements, and audits. No doubt, as time goes on, AI will get better and more positions may be replaced by AI but do you, the accountant, have to worry about your job?

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