AI is rapidly changing the accounting profession, while firms of all sizes use AI to work faster, cut costs, and lower risks. Despite some firms moving faster than others, AI has become a key part of daily work and client service.  

According to Accounting Today, many firms now use AI for routine tasks like research, drafting, and analysis, reducing administrative work and giving professionals more time for important tasks. Russell Shinsky, managing partner at Anchin, said, “We view AI as a force multiplier —not a replacement — for our professionals,” making it clear that AI supports, rather than replaces, human judgment and insight. “Our priority is to use AI to eliminate administrative burden, streamline repetitive tasks, and improve access to information so our teams can focus on applying judgment, insight, and experience where it matters most.” 

Firms can either build their own AI tools or use third-party platforms, but most choose ready-made solutions for faster results. Larger firms often do both, showing their commitment to using AI throughout their business. Tim Walsh, chair and CEO at KPMG, said, “We don’t have an AI strategy — we have a business strategy that is infused with AI across every part of our firm.”  

Even with these advances, firms are still being careful. Leaders stress the need for strong oversight, reliable data, and robust security to avoid creating new risks.