POWERED BY
MOMENTUM MEDIA
By Accounting Times
Submissions and nominations now open for the Australian AI Awards 2026The search for Australia’s most outstanding AI innovators has officially begun.
Tags: News, Events, Momentum Media, Australian AI Awards, Artificial Intelligence, Awards, AI, Australia, war, submission, 2026
TECHNOLOGY • Jerome Doraisamy
Productivity is “one of the essential challenges” facing Australian business leaders right now, and how they leverage AI into sustained growth will depend on adoption and investment in workers, the chief people officer at PwC has said.
Tags: News, Strategy, Artificial Intelligence, productivity, Business, workforce, technology, AI, pwc, investment
TECHNOLOGY • Matthew Taylor
Australian businesses are losing money after relying on general-purpose AI tools such as ChatGPT or Claude for financial, bookkeeping and tax advice, with accountants and bookkeepers warning the risks could escalate into business failures this financial year.
Tags: News, tax, Artificial Intelligence, Business, finance, AI, Australia, payroll, financial advice, accounting
TECHNOLOGY • Matthew Kayser
Will accounting be replaced by AI? It is the question that keeps bookkeepers awake at 2am, and you deserve an honest answer. So here it is. Artificial intelligence is transforming accounting faster than any tool since the ledger went digital, yet the headlines screaming that AI will replace accountants get the story...
TECHNOLOGY • Carlos Tse
KPMG has admitted that a partner accessed Lendlease documents without authorisation while pitching for a major Westpac contract.
Tags: News, technology, partner, KPMG, westpac, allegations, whistleblower
TECHNOLOGY • Amelia McNamara
The regulator has urged service providers and market participants to strengthen cyber security measures amid an intensified risk environment.
TECHNOLOGY • Emma Partis
A global survey has indicated that the majority of Australian accounting and audit firms have already embedded or piloted AI into their strategies.
TECHNOLOGY • Carlos Tse
$161 billion in annual fragmentation tax is paid by Fortune 500 companies due to non-strategic AI implementations, according to Atlassian research.
Tags: News, tax, Artificial Intelligence, training, AI, fragmentation
TECHNOLOGY • Carlos Tse
Cost and time barriers remain key challenges for AI transformation, with many accounting firms expressing concerns about client information privacy and the reliability of these tools, according to Intuit QuickBooks research.
TECHNOLOGY • Carlos Tse
Organisations may need to rethink payment approvals and verification processes as cyber criminals ramp up their use of AI to impersonate executives and manipulate approval chains, according to Eftsure.
TECHNOLOGY • Amelia McNamara
Regulated data accounts for over half of all data policy violations in the financial services sector, according to Netskope.
