Used responsibly, AI can be a valuable tool. But when AI touches accounting, financial reporting, internal controls, or audit support, it also creates new risks that management should understand. The issue is not whether AI is “good” or “bad.” The issue is whether the organization has the right governance, review, documentation, and controls around how AI is being used. If your company is using AI in accounting or finance, here are seven risk areas to review before your ne

Many small business owners think of bookkeeping as something they need only at tax time. Receipts are gathered, transactions are categorized, reports are printed, and the goal is usually simple: get the tax return filed. But good bookkeeping can do much more than help with tax preparation. But good bookkeeping can do much more than help with tax preparation.