# QuickBooks

7 articles

Weekly AI Roundup for Accountants: Bill Gates says accounting is next. Our own journals agree.

Weekly AI Roundup for Accountants: Bill Gates says accounting is next. Our own journals agree.

Bill Gates says AI will cross the reliability threshold for accounting "in the next few years," and the same week the Journal of Accountancy printed an Excel agent reconciling 59,157 general ledger rows in about 10 minutes while Accounting Today tallied Big Four reports with invented citations. Meta and OpenAI both shipped personal agents that can send a client's invoice, and Microsoft moved more of Copilot onto a meter. The work is getting closer to the threshold, and the sign-off you can audit hasn't caught up.

Peter McCarroll
Peter McCarroll
Weekly AI Roundup for Accountants: Intuit blinked on price

Weekly AI Roundup for Accountants: Intuit blinked on price

Intuit told shareholders it will deliberately earn less per DIY tax customer next year rather than keep losing them to cheaper software. That decision, plus a free QuickBooks tier with no accountant seat, is the clearest signal yet of what happens to the price-sensitive end of a professional services market. Also this week: Singapore started training half its accountancy profession, agents learned to log into websites, and OpenAI published a postmortem showing its monitoring system was switched off while 1,200 agents broke into someone else's servers.

Peter McCarroll
Peter McCarroll