From alvarezandmarsal.com: AI is driving a surge in data center power needs, prompting developers to focus on rapid, flexible power project execution.
Alvarez & Marsal provides strategic insights to enhance infrastructure delivery and execution, collaborating globally to meet growing demands.… read more
From alvarezandmarsal.com: AI is revolutionising workplaces by necessitating new people strategies and fostering human-AI collaboration.
Successful integration requires ethical governance, workflow redesign, and organizational upskilling.… read more
From bdo.com.au: Tech CFOs prioritise consumer data protection and cybersecurity, with many planning to enhance privacy measures and local data storage.
They are also focused on managing tax risks and improving profitability through strategic investments and operational adjustments.… read more
From www.accountingweb.co.uk: [UK context] Acting Office, a cloud accounting suite startup, aims to disrupt the upper mid-tier to large accounting firm software market by offering a comprehensive platform that integrates various accounting functions, from bookkeeping to tax returns.… read more
From www.myob.com: Practice management software is essential for accounting practices, helping to streamline processes, improve client engagement, and enhance team productivity.
Key factors to consider when selecting software include its capability to boost efficiency, support client relationships, and foster a positive work environment for teams.… read more
From www.aicd.com.au: AI can enhance efficiency in board meeting minute preparation, but significant risks regarding accuracy and confidentiality must be managed through appropriate governance procedures.… read more
From www.investmentlawwatch.com: [US context] Two investors have filed a class action lawsuit against a major asset management firm, alleging that its use of third-party tracking tools, including Meta Pixel and Google Analytics, violates anti-wiretapping laws due to lack of user consent.… read more
From millsoakley.com.au: Australian Courts are addressing the use of generative AI in legal proceedings, with the New South Wales Supreme Court prohibiting its use for certain materials and the Federal Court adopting a cautious approach.… read more
From www.accountingtoday.com: [US context] The Internal Revenue Service is increasing its reliance on artificial intelligence to enhance case selection for audits amid significant workforce reductions, which have seen over 11,400 employees laid off.… read more
From www.accountingtoday.com: Accountants play a crucial role in maintaining financial transparency and integrity by detecting discrepancies and preventing potential failures before they escalate into scandals.… read more
From www.pwc.com.au: In a recent Tax Briefing, PwC experts discussed the integration of data and technology into tax functions, highlighting that 41% of tax professionals prioritize effective data usage before implementing new technologies like generative AI.… read more
From www.bleepingcomputer.com: ChatGPT’s Deep Research feature now allows users to integrate their Box and Dropbox accounts, enabling the AI to access and analyse documents stored in these services for research purposes.… read more
From www.goingconcern.com: [US context] Ninety-seven percent of accounting firms report inefficiencies in their technology usage, contradicting their marketing claims about digital capabilities.
Deloitte is cutting bonuses and hiring as profits decline, while EY is embroiled in a £2.7 billion legal battle regarding fraud allegations related to the collapse of NMC.… read more
From www.claytonutz.com: Organizations must maintain a robust software licensing posture and prepare for supplier audits by understanding their software needs and details of licensing agreements.… read more
From premium.goauto.com.au: Directed Technologies, in collaboration with KPMG Australia, has launched an innovative fuel-tax credit automation solution that can save heavy vehicle fleets up to $50,000 annually.… read more