
Accountancy19 min read
AI is coming for the accountancy firm, not just the accountant
In a test published on 1 October, AI did month-end accounting work more accurately and far more cheaply than qualified accountants. For small practices, the risk may be less about jobs and more about losing clients to firms run with AI. An OpenAI-backed group already owns nearly 30 US accounting firms and is building AI into their work.
5 October 2026

