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Weekly AI Roundup for Accountants: Your ledger connector has to write and switch clients. Digits now does both.

Weekly AI Roundup for Accountants: Your ledger connector has to write and switch clients. Digits now does both.

Digits gave AI agents write access to its ledger on October 13, through a connection that already reaches every client you can access: the two things a practice needs before an agent can do real work. Xero delivered client switching, but only in Gemini so far. And JPMorgan drew a line at the customer's password that turns out to sit in roughly the right place.

Peter McCarroll
Peter McCarroll
I told you that already. The machine can read everything your clients ever sent you. Is it allowed to?

I told you that already. The machine can read everything your clients ever sent you. Is it allowed to?

Mercor gave 12 experienced CPAs every fact they needed, in the files, and they still scored 37%. The machine found all of it, every time, and 34 times faster even on the items the humans got right. That isn't a test of your accountants. It's a test of whether what a client already told your firm is anywhere your process actually looks, and in most firms it isn't.

Peter McCarroll
Peter McCarroll
Weekly AI Roundup for Accountants: CPAs 37%, AI 100%. Read the fine print, but then worry anyway.

Weekly AI Roundup for Accountants: CPAs 37%, AI 100%. Read the fine print, but then worry anyway.

Twelve licensed CPAs scored 37% on four month-end-close tasks that Claude completed perfectly, 20 times out of 20, for about 2% of the cost. The test was built to break a machine and nobody was allowed to ask a question, and the one condition it got right, every answer in the files and nobody to ask, is one most firms know well. Also this week: four more doors into your clients' systems, and the phishing email written for your AI assistant to read.

Peter McCarroll
Peter McCarroll
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: The parts got cheaper. The subscription still went up.

Weekly AI Roundup for Accountants: The parts got cheaper. The subscription still went up.

Anthropic and OpenAI cut flagship prices on the same Tuesday, and the "40% cheaper" model finished sixth on an independent tax benchmark at the highest cost per answer. The same day, a tax-software founder open-sourced a full 1040 engine and called it "deflationary with respect to service fees and license fees." FreshBooks' new Claude connector reaches every business on the login, which for a tax-only practice is the interesting part. The parts of the work got cheaper this week. Your subscription still goes up October 1.

Peter McCarroll
Peter McCarroll
Weekly AI Roundup for Accountants: The close just became a loss leader

Weekly AI Roundup for Accountants: The close just became a loss leader

Intuit's agent will run the month-end close from your firm's own SOPs, at no charge until January. Mercury put a general ledger inside the bank account, free through December, with unlimited free seats for the accountant. Claude's close stopped requiring QuickBooks, and a new model prices a yes-or-no decision at a fraction of a cent. The close was offered three times this week with no price of its own, and what the platforms want in exchange is your playbook.

Peter McCarroll
Peter McCarroll