Elfworks' two new agentic tools handle CGT allocation and intra-group contracts, doing the work for Australian accountants, not just answering their questions. For years, accountants have been promised that AI would do more than answer questions – that it would actually help do the work. Rather than a single prompt-response exchange, an agentic tool can plan a sequence of steps, apply rules to a client's specific facts, generate a structured output, and flag where human judgement or a formal...

Australian AI turns regulatory change into a competitive advantage for Accounting firms No accounting platform in Australia does what the Elfworks Tax Update does: turn every legislative change into an instant, client-specific action list. For firms used to finding out a change affected a client months too late, this is the first tool built to catch it on day one. Between ATO rulings, case law developments and constantly shifting legislation (read Budget 2026), the volume of regulatory...

The Tax Practitioners Board’s latest guidance requires firms to actively document how they review and contest AI output. Elfworks’ new Create Learning feature solves this compliance hurdle by converting AI output into structured comprehension tests that double as verifiable CPD credits.