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Kurums Applied AI · №04

How is AI being applied in accounting and finance software?

Every major ledger, ERP and spend platform now markets an AI agent. The useful ones do narrow, high-volume work under human review. Autonomous close is still mostly a demo.

Transaction categorisationProven
Expense policy auditEmerging
Autonomous month-end closeHype
Department Hub - Accounting

Accounting

A practical research desk for bookkeeping, statements, tax, payroll, IFRS, US GAAP, controls and accounting software. Choose a route below and move from pillar to guide without digging through archive pages.

Pillar Atlas

The main Accounting pillars, grouped for fast scanning. The most important hubs point to real user-facing pages; supporting pillars point to their focused guide collections.

Foundations5 guides

Accounting Fundamentals

What accounting is, the equation, debits and credits, accrual accounting and GAAP principles.

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OperationsHub page

Bookkeeping

Transaction recording, journals, ledgers, chart of accounts and month-end bookkeeping controls.

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Reporting10 guides

Financial Statements

Balance sheet, income statement, cash flow, statement review and practical financial analysis.

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Decision support4 guides

Cost & Management Accounting

Fixed and variable costs, CVP analysis, budgeting, forecasting and management reporting.

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AssetsHub page

Fixed Assets & Depreciation

Capitalisation, asset registers, depreciation, impairment thinking and disposal workflows.

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Cash cycle5 guides

AP & AR

Payables, receivables, collections, payment terms, working capital and error controls.

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Tax60 guides

Country Tax Guides

Country-by-country tax explainers, including UK, US and Germany series with dedicated hubs.

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Compliance5 guides

Tax Compliance & Audit

Tax risk management, penalties, audit preparation, digital tax reporting and controls.

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Payroll5 guides

Payroll & Personal Tax

Payroll accounting, employee tax, benefits in kind, personal tax planning and employer obligations.

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StandardsIFRS hub

IFRS Standards

IFRS foundations, assets, leases, revenue, financial instruments, consolidation and disclosure.

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StandardsUS GAAP hub

US GAAP

FASB, ASC, revenue, leases, impairment, business combinations and financial instruments.

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ToolsComparisons

Accounting Software

Tool comparisons, automation controls, chart of accounts setup and reporting workflow choices.

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New Accounting Tax Series

Country Tax Guides

Use the country tax hub when you need a country-level tax map before diving into individual articles. UK, US and Germany are connected from one route. Open country tax hub

Fresh from the desk

Latest Accounting Articles

New guides published under Accounting, refreshed automatically as articles go live.

Kurums Book Taste

The Accounting Shelf

Kurums Book Taste is our business-book review desk: every title gets a Taste Note - what the book argues, and exactly how to use it at work - and curated Tasting Menus chain them into reading routes. This is the shelf we keep stocked for Accounting teams.

Taste Note - Book TasteWarren Buffett and the Interpretation of Financial StatementsMary Buffett and David Clark

Build a one-page moat checklist - gross margin, SG&A ratio, interest burden, ROE, debt payback years - and run your own company through it.

Taste Note - Book TasteProfit FirstMike Michalowicz

Open the five accounts this week - income, profit, owner's comp, tax, opex - and route the next deposit through them.

Taste Note - Book TasteFinancial ShenanigansHoward M. Schilit, Jeremy Perler and Yoni Engelhart

Build a counterparty screen: receivables vs revenue growth, deferred revenue trend, cash flow vs net income, one-time items frequency.

Taste Note - Book TasteFinancial StatementsThomas R. Ittelson

Run the AppleSeed exercise with your own numbers: post your five most common transaction types across all three statements.

Taste Note - Book TasteAccounting Made SimpleMike Piper

Use it to read financial statements without the jargon - the fastest on-ramp for non-accountants.

Taste Note - Book TasteThe ReckoningJacob Soll

Use the Dutch-vs-France chapters in finance onboarding to teach why the function exists at all.

Taste Note - Book TasteAccounting for Non-AccountantsWayne Label

Issue it as the day-one book for managers new to P&L responsibility; reserve Ittelson for those who need mechanics.

Taste Note - Book TasteWarren Buffett Accounting BookStig Brodersen and Preston Pysh

Add an owner-earnings line to your internal reporting: operating cash flow minus maintenance capex, tracked quarterly.

Taste Note - Book TasteSimple Numbers, Straight Talk, Big Profits!Greg Crabtree

Restate the last twelve months with market owner wages and lifestyle costs removed - meet the real business.

Taste Note - Book TasteThe End of AccountingBaruch Lev and Feng Gu

Build an internal Strategic Resources report for your company: resources, investment, deployment, outcomes.

Taste Note - Book TasteThe Interpretation of Financial StatementsBenjamin Graham & Spencer B. Meredith

Use the book as a one-week onboarding module for new accounting hires before they draft their first management report.