Insights, guides, and updates
Thomson Reuters surveyed 1,816 professionals and found 78% of corporate clients now call AI-enabled quality improvements essential — while just 6% say their providers deliver them. With 32% of clients reconsidering provider relationships within 12 months, the deadline for your firm's AI strategy is no longer yours to set.
Xero built AI document capture directly into the platform — and said nothing about HubDoc. A Top-30 firm handed its CAS delivery to AI agents most practices can't buy. And the most powerful model on the market came back from a 19-day ban with a meter on it. One question runs through all of it: how much of your stack do you actually control?
Every technology shift before AI asked the same question — who does the work? AI is retiring it. As the books, reconciliations, and first draft of the return increasingly do themselves, the only question left is who's accountable for the work being right.
At its June 23 Connect ON event, Intuit told accountants it will stop marketing bookkeeping to their clients — "full stop" — while quietly raising prices "to reflect the value" of AI and sunsetting QuickBooks Online Accountant by the end of 2026. The retreat is real, but it's the tell: Intuit makes more money owning the platform than competing with you on the books. Here's what the warm language is actually buying — and the one thing you shouldn't hand the platform.
This week the IRS and Intuit both made a move on the same thing — the savings AI is creating inside your firm — and pulled in opposite directions. Plus Claude goes multiplayer in Slack, AI-faked receipts force a hard question about whose job it is to verify, and Washington quietly starts gating which models you can use.
An AI bookkeeping startup just raised $10 million to close the books for $49 a month — and it's run by the founder whose last cheap-bookkeeping venture went bankrupt. A room of small-firm owners landed on an uncomfortable truth: fee pressure on the monthly close now comes from four directions at once.
