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Footnote Editorial
Footnote Editorial

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

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Intuit says its AI now does the work. Its fastest growth is humans charging more for theirs.

Aug 28, 2026

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3 min read

Intuit says its AI now does the work. Its fastest growth is humans charging more for theirs.

$21.4 billion, TurboTax Live at 53% of tax revenue, accountants driving a quarter of mid-market deals. The AI year, decoded for your firm.

Footnote Editorial
Footnote Editorial
Is It Safe to Use AI With Client Data? An Honest Answer for Accountants

Aug 25, 2026

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6 min read

Is It Safe to Use AI With Client Data? An Honest Answer for Accountants

What the AICPA confidentiality rule, IRC 7216, and the FTC Safeguards Rule require before AI touches client data, and the controls that hold up.

Footnote Editorial
Footnote Editorial
Congress wants AI audited. The profession that invented the audit should read this bill.

Aug 25, 2026

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6 min read

Congress wants AI audited. The profession that invented the audit should read this bill.

The FRONTIER Act asks for independent audits of frontier AI. A CPA marked up the bill, the AICPA is circling, and the 1933 rhyme is loud.

Footnote Editorial
Footnote Editorial
The agents have started improvising. The people running them are talking.

Aug 21, 2026

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3 min read

The agents have started improvising. The people running them are talking.

Six practitioners tell Accounting Today what happens when agents act alone. The fixes they landed on all point the same direction.

Footnote Editorial
Footnote Editorial
The Big Four's audit failures just collapsed. The firms credit the machines.

Aug 18, 2026

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6 min read

The Big Four's audit failures just collapsed. The firms credit the machines.

The 2025 PCAOB inspections show Big Four deficiency rates collapsing. The firms credit AI. Three other explanations deserve airtime.

Footnote Editorial
Footnote Editorial
Executives trust AI with the annual report. Their own audits say the errors already got out.

Aug 14, 2026

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2 min read

Executives trust AI with the annual report. Their own audits say the errors already got out.

Workiva's new survey finds executives trusting unreviewed AI while their own audits catch errors reaching boards. The gap has a name.

Footnote Editorial
Footnote Editorial
Your next client will ask an AI to pick an accountant. What will it answer?

Aug 11, 2026

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5 min read

Your next client will ask an AI to pick an accountant. What will it answer?

Pew's data shows the click collapsing. What AI engines actually cite, and how a small firm stays findable when the answer eats the search page.

Footnote Editorial
Footnote Editorial
The scammers are going synthetic. In one lab, the machine beat the humans.

Aug 7, 2026

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2 min read

The scammers are going synthetic. In one lab, the machine beat the humans.

A small study measured what fraud teams suspected: synthetic manipulation works better than the human kind. The controls that still hold.

Footnote Editorial
Footnote Editorial
The EU's AI law took effect Sunday, minus the part everyone feared. That part has a new date.

Aug 4, 2026

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6 min read

The EU's AI law took effect Sunday, minus the part everyone feared. That part has a new date.

What actually took effect August 2, what moved to December 2027, and why credit scoring and hiring AI concern accountants everywhere.

Footnote Editorial
Footnote Editorial
The next AI accounting model will be trained by your competitor

Jul 28, 2026

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5 min read

The next AI accounting model will be trained by your competitor

CLA and Digits are encoding the firm's accumulated judgment into a proprietary model. Three questions the announcement leaves open.

Footnote Editorial
Footnote Editorial
AI is burying the IRS in comments. Here's how to still be heard.

Jul 23, 2026

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2 min read

AI is burying the IRS in comments. Here's how to still be heard.

A new GAO report says the IRS cannot tell AI near-duplicates apart, and Treasury declined its fix. What it means for your comment letter.

Footnote Editorial
Footnote Editorial
The audit regulator is rewriting its five-year plan. AI is the argument it cannot settle.

Jul 21, 2026

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6 min read

The audit regulator is rewriting its five-year plan. AI is the argument it cannot settle.

A rebuilt board, 71 comment letters, and a year of public argument over AI in the audit. What the PCAOB's next five years mean for you.

Footnote Editorial
Footnote Editorial
Nearly half of finance teams spend 15+ hours a week checking AI.

Jul 17, 2026

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2 min read

Nearly half of finance teams spend 15+ hours a week checking AI.

A new IDC study for Sage, of 2,000+ finance leaders, names the cost nobody prices: the verification tax. Why AI moves the work instead of deleting it.

Footnote Editorial
Footnote Editorial
Private equity bet accounting was a fortress. AI is lowering the walls.

Jul 14, 2026

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6 min read

Private equity bet accounting was a fortress. AI is lowering the walls.

Money and machines are remaking who owns your firm at once, including a $1 billion, OpenAI-backed AI roll-up. Why the two forces may not agree.

Footnote Editorial
Footnote Editorial
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
The Big Four are building AI armies and shrinking their graduate classes.

Jun 23, 2026

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5 min read

The Big Four are building AI armies and shrinking their graduate classes.

EY wired agents into the audit, the four spent billions, and graduate intake fell up to 29%. The profession's training academy is automating its own trainees.

Footnote Editorial
Footnote Editorial
Will AI replace accountants? An honest, data-grounded answer

Jun 22, 2026

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3 min read

Will AI replace accountants? An honest, data-grounded answer

Footnote Editorial
Footnote Editorial
The accountant shortage's AI fix has a trap nobody's pricing in.

Jun 16, 2026

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5 min read

The accountant shortage's AI fix has a trap nobody's pricing in.

The work AI is best at is the work that trained the next generation. Here's what that means for your firm.

Footnote Editorial
Footnote Editorial
Ramp just came for the monthly close

Jun 12, 2026

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2 min read

Ramp just came for the monthly close

A fintech reportedly valued above $40 billion built an AI that runs the close and learns your firm's playbook. What's shipped, what's vendor math, and the clause to think about.

Footnote Editorial
Footnote Editorial
Xero and Intuit just moved AI into your clients' books. Read this first.

Jun 9, 2026

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6 min read

Xero and Intuit just moved AI into your clients' books. Read this first.

What's actually shipped, what's still hype, and the controls every firm needs before AI touches client data.

Footnote Editorial
Footnote Editorial
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Footnote

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

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