Errors in Deloitte report underscore need for care with AI
Deloitte will partially refund the Australian government for an advisory report containing inaccuracies introduced by one of its AI models.
A huge honour for Xero: Reflecting on the Value of Design Black Pin award
I’m humbled and incredibly honoured to share that on Friday, Xero was awarded the prestigious Value of Design Black Pin by the Designers Institute of New Zealand at the Best Design Awards! A Black Pin recognises outstanding achievement within New Zealand’s design community. It reflects a multi-million dollar investment in design of all kinds, in …
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Expiration of ACA tax credits may cause heavy job losses
The expiration of premium tax credits for health insurance could lead to hundreds of thousands of job losses and billions in reductions to state revenues.
IIA opens Global Audit Committee Center
The Institute of Internal Auditors has set up a Global Audit Committee Center in Washington, D.C., to provide a global hub for strengthening audit committees.
AI adoption grows in audit
The adoption of artificial intelligence technology in audit functions is on the rise, increasing from 8% to 21% in only one year, according to a new report.
Chicago mayor revives tax once dubbed ‘job killer’
Brandon Johnson wants to close nearly half of next year’s $1.19 billion deficit with new or higher taxes on large corporations, big tech companies and the rich.
A Supercharged Success: A recap of Xero Asia Roadshow 2025 – Singapore
Last week, we kicked off the 2025 Xero Asia Roadshow in Singapore – and we’re still buzzing from all the energy and excitement of the day! A big thank you to the over 600 accountants and bookkeepers who joined us at PARKROYAL COLLECTION Marina Bay for a day of connection, learning and sharing. We loved …
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Introducing Sumday AI, your new sustainability analyst
Thousands of Xero customers have taken advantage of free carbon tracking and management via Sumday since our partnership announcement back in April. Sumday has helped businesses like yours get clearer on their emissions, from quick estimates to comprehensive, audit-ready carbon accounting. Carbon accounting isn’t always at the top of the to-do list. But building a …
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Wolters Kluwer rolls out Expert AI for CCH Axcess
Wolters Kluwer announced the launch of “Expert AI,” which will be woven throughout its CCH Axcess product, its capacities now integrated across tax, audit, and firm management workflows.
New Yorkers face likely tax hikes no matter who becomes mayor
Some kind of increase seems on the cards as the Empire State braces for billions in federal cuts to health and food aid.