Ai In Accountancy

PwC has reduced prices for some of its offerings after clients pointed to the firm's increasing use of artificial intelligence to deliver work more rapidly. The move highlights a growing pressure on consulting firms to share the financial benefits of AI-driven productivity with their customers.

The Financial Reporting Council (FRC) has reported that the UK's largest accounting firms do not formally monitor how artificial intelligence affects the quality of their audits. In a review published on Thursday, the watchdog noted that while the Big Four firms – Deloitte, EY, KPMG, and PwC &

(Credit: Thapana Studio - adobe.stock.com) The Big Four accountancy firms – Deloitte, EY, KPMG, and PwC – have significantly reduced job opportunities for new graduates and school leavers, while simultaneously cutting existing roles, as the integration of integration of artificial i

The Financial Conduct Authority (FCA) will launch a Supercharged Sandbox to help firms experiment safely with AI to support innovation. Through a new collaboration, announced today, firms will have the opportunity to experiment with AI using NVIDIA accelerated computing and NVIDIA AI Enterprise Soft

Major accountancy firms are vying to establish a new generation of audits designed to verify the effectiveness and safety of artificial intelligence systems. Deloitte, EY, and PwC have confirmed they are developing AI assurance services, aiming to leverage their established reputations in financial

Scottish accountants are demonstrating a notably positive stance towards Artificial Intelligence (AI), embracing the technology more readily and with less concern than their global counterparts, according to new data from the ACCA (Association of Chartered Certified Accountants). The 2025 Global Tal

The accountancy profession is undergoing a significant shift of artificial intelligence (AI) – but it’s important to see it for what it is: a tool to improve the way we serve clients, not to replace the personal service that lies at the heart of what we do, writes Kenneth McEwen. AI is h

As artificial intelligence (AI) rapidly moves from a futuristic concept to a practical tool within the accountancy profession, firms across Scotland are grappling with its potential, integrating AI to enhance efficiency while navigating the risks and ethical considerations. Leading Scottish accounta