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Accounting Stories

Australian Stories

Accounting stories

AI tools cut hospitality bookkeeping pressure in Australia
Data Analytics

AI tools cut hospitality bookkeeping pressure in Australia

Tight margins and labour shortages are pushing cafés, restaurants and bars to automate receipts and invoices, cutting hours of admin work.

By Mark Tarre • 5 min read • Last month

Global Stories

Accounting stories

inDrive names Abhey Lamba as Chief Financial Officer
Cisco

inDrive names Abhey Lamba as Chief Financial Officer

As inDrive expands beyond ride-hailing, the new Chief Financial Officer will steer finance after gross bookings rose 30% to USD $6.4 billion.

By Sofiah Nichole Salivio • 4 min read • 3 days ago
OpenAI finance chief says AI is reshaping finance jobs
Digital Transformation

OpenAI finance chief says AI is reshaping finance jobs

AI is freeing OpenAI's finance staff from routine work, shifting effort towards analysis, controls and judgement across tax and investor relations.

By Karen Joy Bacudo • 7 min read • 4 days ago
Xero launches no-code AI agent builder for finance
Digital Transformation

Xero launches no-code AI agent builder for finance

Small businesses and accountants can now automate month-end close and approvals without coding, as early access opens to XeroForce.

By Karen Joy Bacudo • 3 min read • Last month
Caseware launches Verity AI platform for audit workflows
Digital Transformation

Caseware launches Verity AI platform for audit workflows

Auditors could cut review time sharply as Caseware's new system keeps AI guidance inside regulated workflows with citation-backed controls.

By Karen Joy Bacudo • 4 min read • Last month
Condor launches analytics suite for life sciences finance
Data Analytics

Condor launches analytics suite for life sciences finance

The new tools give life sciences finance teams clearer trial spending forecasts and scenario planning after a USD $24 million Series A round.

By Karen Joy Bacudo • 4 min read • Last month
PocketSmith launches Open Banking hub for Australians
Software-as-a-Service

PocketSmith launches Open Banking hub for Australians

Australian consumers unsure about sharing bank data now have a plain-language guide as PocketSmith expands its use of consented open banking feeds.

By Karen Joy Bacudo • 3 min read • Last month
Sage & PwC launch explainable AI for finance teams
Data Analytics

Sage & PwC launch explainable AI for finance teams

Finance teams are losing 12.9 hours a week to checking AI outputs, as most leaders reject systems that cannot explain themselves.

By Sofiah Nichole Salivio • 4 min read • Fri, 1st May 2026
US audit firms shift focus from AI adoption to oversight
Data Analytics

US audit firms shift focus from AI adoption to oversight

US audit firms are now scrutinising AI outputs more closely as adoption spreads and concerns over judgment and compliance persist.

By Shannon Williams • 4 min read • Thu, 30th Apr 2026

Stories from Other Regions

Accounting stories

Pinion cuts 25% finance review time with MindBridge AI
Manufacturing

Pinion cuts 25% finance review time with MindBridge AI

Broader dataset analysis has helped Pinion trim a complex review from 200 hours to 150, while improving client discussions.

By Karen Joy Bacudo • 4 min read • Last week
iPayroll warns firms over AI data risks in payroll
Software-as-a-Service

iPayroll warns firms over AI data risks in payroll

Payroll teams face growing privacy risks as software providers increasingly reserve rights to use salary data to train AI models.

By Sofiah Nichole Salivio • 3 min read • Last week
UK finance workers eye quitting over office mandates
Hybrid & Remote Work

UK finance workers eye quitting over office mandates

Office attendance rules are pushing 57% of UK finance workers towards quitting, as commuting costs and burnout deepen recruitment woes.

By Karen Joy Bacudo • 3 min read • Last month
IMA launches micro-credentials for finance professionals
Data Analytics

IMA launches micro-credentials for finance professionals

Finance teams are under growing pressure to deliver sharper analysis, with new courses aimed at building AI and data skills fast.

By Karen Joy Bacudo • 4 min read • Last month
Xero signs deal with New Zealand Rugby & All Blacks
Digital Transformation

Xero signs deal with New Zealand Rugby & All Blacks

Rugby clubs and provincial unions will get discounted accounting software as Xero deepens ties with New Zealand Rugby beyond branding.

By Joseph Gabriel Lagonsin • 4 min read • Last month
UK firms rethink AI use to cut wasted work and boost output
Manufacturing

UK firms rethink AI use to cut wasted work and boost output

Companies are finding that AI boosts performance only when it removes repetitive work, with human judgement still needed to prevent errors and burnout.

By Kaleah Salmon • 4 min read • Wed, 29th Apr 2026
KPMG launches AI assistant for month-end financial close
Digital Transformation

KPMG launches AI assistant for month-end financial close

Month-end reporting could move faster for finance teams as a new assistant takes on routine close tasks while humans keep final sign-off.

By Karen Joy Bacudo • 4 min read • Sat, 25th Apr 2026
SoloTruth launches asset platform to tackle ghost assets
Manufacturing

SoloTruth launches asset platform to tackle ghost assets

Ghost assets can distort reporting and compliance, with SoloTruth's new platform aiming to keep fixed-asset records aligned with reality.

By Karen Joy Bacudo • 4 min read • Wed, 22nd Apr 2026