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Bloomberg Tax AI Secures Top Innovation Award

Tuesday, October 28, 2025

AI Accounting Daily
Hey, Accounting Pros!
Welcome back to AI Accounting Daily, your #1 source for AI news in accounting.
Today, we're exploring Bloomberg Tax's AI Assistant as it wins a top innovation award, FP Alpha's new tool that's streamlining advisor workflows, and Google's Vibe Coding that's revolutionizing app creation. We're also diving into Aiera's integration with Claude for enhanced market data access, making finance professionals' lives easier.

Latest in Accounting AI

1

Bloomberg Tax AI Wins Innovation Award

Bloomberg Tax's AI Assistant just snagged the 2025 CPA Practice Advisor Technology Innovation Award, standing out among 41 contenders. This tool reshapes tax work by answering complex queries in plain language, shifting focus from manual research to strategic advisory. With AI's growing role, the question is how quickly traditional tasks will evolve into AI-driven insights.
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2

FP Alpha Launches AI Tool For Tax Advisors

FP Alpha's new AI tax tool aims to streamline advisor workflows by tackling time-consuming back-end tasks. CEO Andrew Altfest highlights this rollout as part of a broader fintech trend. As advisors gain efficiency, the question lingers: how will this shift the balance between tech and human insight in financial advising?
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AI Applications

1. Ledger IQ - Ledger IQ automates transaction categorisation and reporting so your firm cuts data-entry hours, eliminates spreadsheet chaos and increases throughput across clients.
2. Smart Clerk - Smart Clerk converts bank and credit-card statements into categorized, bookkeeping-ready reports so your firm slashes manual reconciliation time, standardises data and frees capacity for advisory.
3. InvoiceClip - InvoiceClip automates invoice data extraction from PDFs and images, eliminating manual entry and streamlining accounts payable workflows for small accounting firms.
4. Writesonic - Writesonic generates high-quality client newsletters, proposal content and marketing copy so your firm engages prospects efficiently, captures advisory leads and expands your pipeline.
5. AI Flowchart - AI Flowchart generates workflow diagrams from plain-language process descriptions so your firm maps and standardises procedures in minutes, eliminating Excel-version chaos and boosting efficiency.
6. Predis.ai - Predis.ai automates your client-review and referral-campaign content so your firm builds a predictable pipeline, gets more leads and reduces reliance on referrals.

Updates in AI

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Google Launches Vibe Coding For AI App Creation

Google's Vibe Coding in AI Studio is reshaping app development. By transforming text prompts into functional AI apps, it simplifies creation with Gemini wiring and visual edits. Accountants might soon find themselves crafting bespoke tools without coding. The intriguing part is how this democratization could shift the balance of tech power in firms.
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2

Aiera Integrates Market Data Into Claude For Finance

Aiera's market intelligence now flows into Anthropic's Claude, reshaping financial workflows. The integration lets professionals tap into Aiera's investor events and data directly within GenAI systems, enhancing decision-making. Built on Anthropic's MCP standard, this move promises seamless access to verified insights. The real intrigue lies in how this could redefine research dynamics in financial services.
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3

OpenAI's Sora 2 App Sparks Industry Debate

Hollywood's buzzing, and not just from the usual star-studded drama. OpenAI's new app, Sora 2, has stirred the pot, with even Bryan Cranston caught in the swirl. As AI continues to infiltrate creative spaces, the balance between innovation and tradition is shifting. What happens when AI starts writing the scripts and not just running the numbers?
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Prompt Ideas

Draft Firm-Wide Email Standards
**Role:** You are a professional in an accounting firm creating resources, checklists, or scripts to streamline internal operations or client communication. **Action:** Write or generate a resource related to **Draft Firm-Wide Email Standards** using clear, professional, and concise formatting. **Context:** - Audience: small accounting firm teams or clients - Goal: improve consistency, clarity, and professionalism - Tone: confident, professional, and approachable - Style: markdown format with bullet points, numbered lists, and headings - Output Length: 200–400 words