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 ...
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 ...
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 ...
KPMG has admitted that a partner accessed Lendlease documents without authorisation while pitching for a major Westpac contract.
The regulator has urged service providers and market participants to strengthen cyber security measures amid an intensified risk environment.
A global survey has indicated that the majority of Australian accounting and audit firms have already embedded or piloted AI into their strategies.
$161 billion in annual fragmentation tax is paid by Fortune 500 companies due to non-strategic AI implementations, according to Atlassian research.
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 ...
New research from the consulting firm has found that Australian businesses lead in governance and cyber security focus, but fall behind on productivity and insights; one expert says it's up to HR to change.
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.
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