Articles for tag: accounting automation, AI technology, compliance solutions, financial reporting, FloQast, strategic insights, workflow management

March 25, 2025

FloQast Introduces Auditable AI Agents to Transform Accountants into Strategic Reviewers and Address the Talent Gap in Finance

FloQast has launched its innovative FloQast AI Agents, revolutionizing how accounting teams automate complex workflows. This new technology allows accountants to use natural language to create and manage recurring processes in functions such as close management and compliance, eliminating the need for extensive coding. With customizable options, users can develop tailored AI agents suited to ...

March 25, 2025

Market News

Ai Agents

FloQast Launches Auditable AI Agents to Address Talent Gaps in Finance and Accounting Teams

FloQast has launched FloQast AI Agents, a new AI tool designed specifically for accountants, allowing them to automate complex workflows in close management, compliance, and reporting using natural language. This innovative feature helps accountants transition from routine tasks to more strategic roles, especially amid ongoing talent shortages in the industry. The initial offerings include a ...

December 16, 2024

Market News

Crypto

New Bitcoin Fair Value Accounting Rules Launch, Opening Doors for Corporate Reserve Adoption and Financial Transparency

The Financial Accounting Standards Board (FASB) has introduced a new Fair Value accounting rule for cryptocurrencies, set to take effect on December 15, 2024. This rule requires companies to measure their cryptocurrency holdings like Bitcoin and Ethereum at their fair Market value in each reporting period, thus reflecting any gains or losses. Previously, cryptocurrencies were ...