Tax just got a new AI assistant

Plus: The Big Four are racing to audit the machines

 

Daily Digest

EXPERT INSIGHT BY XERO
Power up your practice with AI
Forget the hype - here’s how to actually use AI in your practice.

 

FROM THE MARKET

 

EDITOR’S PICKS

ANALYSIS
Thomson Reuters launches agentic AI for tax and accounting professionals
Thomson Reuters has launched a new vertical-specific AI platform designed to automate complex tax, audit and accounting tasks – marking what the company describes as a “fundamental shift” in how professional-grade AI tools will be used in practice. The company’s new offering, CoCounsel for tax, audit and accounting professionals.

 

THE BIG INTERVIEW

Q&A: Inside Protiviti’s front-row view of audit’s next evolution
Protiviti’s Janet Barberis and Deepa Krishnamachari explain why internal auditors need a seat at the transformation table.

 

WE’RE ALSO READING

 

ESG IN ACCOUNTING

Study finds ESG policies ensure compliance and boost investment
A new Cambridge DNV study finds ESG reporting is moving beyond compliance to become a strategic business asset. With evolving global standards and investor expectations, 72% of surveyed firms say ESG boosts shareholder value.

Success now hinges on robust data, integrated financial planning, supply chain transparency, and workforce training, positioning ESG as a driver of innovation, resilience, and long-term value creation.

 

WHAT WE'RE LISTENING TO

AI is transforming expense management, from auto-flagging policy breaches to uncovering hidden SaaS spend. In this live Emburse episode, CFO Adriana Carpenter and PizzaExpress’s Olga Pavlova share real-world wins: AI-powered keyword detection, vendor consolidation, and mobile-first tools. The future? Expense reports that write themselves, just a few quarters away.
Listen here

 

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