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At Intuit Connect, Dixie McCurley, a managing partner at Intuit, said AI is changing the role of accountants: continuous close is shifting advice from year-end to every day. She said continuous close—closing the books daily rather than weeks after month-end—is becoming possible as AI shortens the lag between transactions and advice, allowing accountants to move from reactive year-end adjustments to providing advice daily. Intuit has launched Intuit Accountant Suite for accounting firms handling hundreds to thousands of client ledgers. McCurley stressed that numerical accuracy is the first test, and said efficiency is only the baseline threshold; AI will unleash right-brain creativity.
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Intuit on continuous close: AI lets accountants shift from year-end catch-up to daily advisorsDevelopments
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Dixie McCurley says AI is changing the role of accounting advisors
Source:SiliconANGLE
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Oct 30
SiliconANGLE
Intuit on continuous close: AI lets accountants shift from year-end catch-up to daily advisors
Dixie McCurley, Intuit's resident managing partner, said at Intuit Connect that continuous close—closing the books daily rather than weeks after month-end—is becoming possible as AI shortens the lag between transactions and advice, allowing accountants to move from passive year-end adjustments to providing daily counsel. Intuit has launched Intuit Accountant Suite for accounting firms handling hundreds to thousands of client ledgers. McCurley stressed that numerical accuracy is the foremost test, and said efficiency is merely the baseline threshold, with AI set to unleash right-brain creativity.