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What JPMorgan's AI just did is insane

Thursday, December 11, 2025

AI Accounting Daily
Hey, Accounting Pros!
Welcome back to AI Accounting Daily.
AI is moving fast in accounting this week, and the ground is shifting. One bank's AI cut 360,000 hours of review, and big firm audits changed. Kevin Hart is funding $10,000 AI training grants, and your smaller clients are watching. New AI tools now write their own code, which speeds work but muddies risk. Stay to see which parts stay human, and which you can safely hand off.

Latest in Accounting AI

1

AI Quietly Rewrites How Big Firms Audit

AI is not firing accountants. It is ripping out old workflows instead. JPMorgan's COiN cut 360,000 hours of annual contract review, while Big Four platforms scan full journals. As these systems move into production, the open question is which calls stay human.
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2

Kevin Hart Fund Backs AI Training For Firms

Kevin Hart’s Coramino Fund is giving $10,000 AI training grants to small businesses. It is one piece of a $1.5 million push to support over 150 under-resourced founders. Expect more small clients to arrive with basic AI fluency and fresh questions about automation.
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3

Self-Taught AI Models Push CFOs To Rethink Risk

AI models are starting to write and tune their own code. That shifts automation from fixed scripts to systems that optimize themselves. For audit teams, that promises faster reconciliations and anomaly checks but also harder-to-audit behavior. Governance moves from one-time setup to continuous oversight.
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AI Applications

1. ⚡ SaneBox filters and prioritizes accountant inboxes automatically so firms stop missing client emails, reclaim hours daily, and maintain faster response times during deadlines.

2. 👥 Trainual standardizes onboarding and procedure documentation, reducing training time for new staff and upskilling juniors while maintaining consistent quality across small accounting firms.

3. 📋 TruePrep applies AI to extract data from tax source documents and push it into tax software so your firm slashes data-entry time and reduces preparer error.

4. 📊 Ledge automates close checklists and complex reconciliations, allowing your team to start with review and accelerate the monthly close cycle by days.

5. ⚡ Prezi helps firms teach clients complex financials using AI-designed dynamic presentations, improving comprehension and boosting advisory retention.

6. 📈 AI Receipt Tracker streamlines client document collection and auto-categorisation of receipts so you reduce chasing tasks, improve workflow consistency and free time for advisory.

Updates in AI

1

OpenAI Flags High Cyber Risk In New Models

OpenAI says its next models will pose 'high' cyber risk. GPT-5 jumped from 27% to 76% on capture-the-flag hacking tests in one year. Longer autonomous runs mean faster brute-force attacks and smarter phishing. Firms that plug these models into finance stacks inherit that risk.
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2

Shared AI Agent Standard Speeds App Links

AI agents are starting to share one common language. Anthropic's Model Context Protocol under the Linux Foundation lets agents call apps, data, and APIs consistently. For finance teams, an agent could sync feeds, update ERP, and run payroll as controls lag.
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3

KnowBe4 Flags AI-Driven Staff Cyber Risk

AI is not just blocking attacks; it is helping attackers study people. KnowBe4's new report flags a surge in human-centric risk as staff embrace AI. For finance teams, that means smarter phishing around vendor changes, payroll edits, and wire approvals.
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Prompt Ideas

Write Client Success Stories or Case Studies

**Role:** You are a **marketing writer** for an accounting firm developing professional client success stories or case studies. **Action:** Write a **case study** highlighting how **[INSERT FIRM NAME]** helped **[INSERT CLIENT TYPE]** achieve **[INSERT RESULT]** through **[INSERT SERVICE]**. **Context:** - Audience: prospective clients evaluating the firm - Goal: demonstrate results, build credibility, and support sales efforts - Tone: confident, data-driven, and human - Style: narrative format with clear sections and metrics - Variables: - **Firm Name:** [INSERT COMPANY NAME] - **Client Type:** [Small Business / Startup / Contractor / Nonprofit] - **Service Type:** [Bookkeeping / Advisory / Tax / CFO Services] - **Key Result:** [Profit Increase / Tax Savings / Time Savings] - Structure: 1. Background / client overview 2. Challenge or problem 3. Firm’s approach and solution 4. Quantifiable results or impact 5. Client quote or testimonial - Output Length: **400–600 words**

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