Footnote

Footnote

Independent reporting on how AI is reshaping accounting. Weekly. Honest. Tactical.

KPMG published an AI report. AI faked 40 of its 45 sources.

Jul 10, 2026

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3 min read

KPMG published an AI report. AI faked 40 of its 45 sources.

The firm that sells AI assurance got caught trusting AI it didn't check. What that means for every firm now leaning on it.

Footnote Editorial
Footnote Editorial
Best AI Accounting Tools 2026: An Independent Guide

Jul 8, 2026

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8 min read

Best AI Accounting Tools 2026: An Independent Guide

An independent, no-affiliate guide to the best AI accounting and bookkeeping tools in 2026: what's worth using, who each one is for, and what to avoid.

Footnote Editorial
Footnote Editorial
AI turned the billable hour into a trap. Most firms are raising prices anyway.

Jul 7, 2026

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6 min read

AI turned the billable hour into a trap. Most firms are raising prices anyway.

When AI cuts a 20-hour job to 5, billing by time means your revenue falls as your work improves. The fix isn't discounts. It's a new unit of value.

Footnote Editorial
Footnote Editorial
Oracle just named AI in an SEC filing. The sentence matters more than the number.

Jul 3, 2026

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2 min read

Oracle just named AI in an SEC filing. The sentence matters more than the number.

Everyone's quoting 21,000 job cuts. For accountants, the story is that AI is now a disclosure, and the SEC is watching.

Footnote Editorial
Footnote Editorial
The general ledger is being rebuilt for AI. Read this before you switch.

Jun 30, 2026

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7 min read

The general ledger is being rebuilt for AI. Read this before you switch.

A new class of "AI-native" ledgers is turning the monthly close into an always-on process. The money is enormous. The lock-in is the part nobody prices.

Footnote Editorial
Footnote Editorial
74% of pros use AI weekly. 6% of clients think it's working.

Jun 26, 2026

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2 min read

74% of pros use AI weekly. 6% of clients think it's working.

A new Thomson Reuters report puts $143 billion at risk over the AI "value gap." The data is real. The fix it is selling is the catch.

Footnote Editorial
Footnote Editorial
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