Accounting & Finance: where the industry stands with AI
Accounting uses AI almost everywhere for routine entry and drafting; fees, junior training and the sign-off are where it changes the business.
Accounting uses AI almost everywhere for routine entry and drafting; fees, junior training and the sign-off are where it changes the business.
A US firm priced agent-run assessments 30 to 50 percent below human rates, software took the unbilled chasing, and EU disclosure duties went live.
Since June, AI agents pushed into the month-end close and disclosures, and US, UK and EU rule-makers began demanding proof of who checked them.
In May 2026 Anthropic, OpenAI and Intuit pushed AI agents into accounting tools and bank data, automating the first-pass work firms can no longer staff.