The future of accounting is semantic spreadsheets

From www.accountingtoday.com: Charles Hoffman envisions a significant transformation in accounting toward machine-understandable artifacts and semantic knowledge graphs.

He advocates for the development of “semantic spreadsheets,” which embed meaning and relationships into data, allowing for advanced automation and analysis.… read more

Chinese cyberattacks

From alvarezandmarsal.com: Salt Typhoon, a Chinese hacking group, has launched significant cyberattacks on U.S. systems, particularly targeting the telecommunications sector and leading to increased security risks.… read more

Accounting Technologies Guide

From futurefirm.co: The guide outlines various transformative accounting technologies, including cloud computing, artificial intelligence, robotic process automation, and optical character recognition, emphasizing their ability to streamline processes and enhance efficiency in accounting firms.… read more

AI adoption in the workplace

From kpmg.com: A recent Ipsos study found that 69% of Australians express concerns about AI impacting their jobs, necessitating organisations to build trust and involve employees in discussions about AI benefits.… read more

Disinformation in 2024 was rife, likely to continue

From pursuit.unimelb.edu.au: Misinformation and disinformation have been identified as the top global risk in the World Economic Forum’s Global Risks Report 2025.

The report highlights a series of disinformation incidents that occurred throughout 2024, affecting public health, political stability, and community relations.… read more

Beyond the Hype: AI Pitfalls and Best Practices

From alvarezandmarsal.com: Navigating the complexities of AI integration, this examination delves into common pitfalls and offers best practices for enterprise organizations.

It underscores the importance of balancing innovation with risk management, outlines key considerations for safe AI implementation, and forecasts future trends and opportunities in AI.… read more

How 2025 will set the scene for the next decade of tech advances

From blog.xero.com: As we approach 2025, significant technological advancements are anticipated, particularly in areas such as agentic AI, ambient computing, and blockchain technology.

Emerging trends indicate that AI may evolve to perform actions independently, wearable devices will enhance user interaction with their environments, and developments in cryptocurrencies will lead to greater utility in financial systems.… read more