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The core claim is that AI tooling could shorten the gap between transactions and the financial advice built on them, turning year-end audit prep into ongoing advisory work. The piece is mostly vendor-sourced, though, and offers no measured accuracy data, only an anecdote about one AI tool producing a wrong amortization table. For AI readers, the useful question is how well these systems hold up under the verification standards accounting requires.
Continuous close could make accountants everyday business advisors
Continuous close, in which a company’s books are closed every day instead of weeks after month-end, could change how accounting firms serve clients. As artificial intelligence shrinks the lag between a transaction and the advice built on it, year-end cleanup can become a running conversation. Software makers are retooling their products around the firms that […] The post Continuous close could make accountants everyday business advisors appeared first on SiliconANGLE.
Continuous close, in which a company’s books are closed every day instead of weeks after month-end, could change how accounting firms serve clients. As artificial intelligence shrinks the lag between a transaction and the advice built on it, year-end cleanup can become a running conversation. Software makers are retooling their products around the firms that advise businesses, not just the businesses themselves. Intuit Inc. is pushing…
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