Core Insights - The 10th Kingdee Cloud Accounting Festival, themed "AI + Taxation, Achieving Excellence," was held in Kunming, Yunnan, gathering over 2,000 entrepreneurs, experts, and accounting professionals to discuss the transformation paths for accountants in the AI era [1][3]. Group 1: Industry Trends - Accounting work is considered a crucial foundation of the market economy, and professionals need to enhance their skills and capabilities to strengthen compliance in the face of digital transformation [3]. - The integration of AI in financial management is expected to shift the value model for small and medium-sized enterprises (SMEs) from a "gyroscope" to an "hourglass" structure, allowing AI to handle standard and procedural tasks while amplifying decision support and business analysis [3]. Group 2: Company Initiatives - Kingdee Cloud launched the "Star AI Taxation Intelligent Application" to help SMEs and accountants seize new opportunities in AI taxation, focusing on core financial scenarios such as data collection, bookkeeping, tax reporting, compliance, and analysis [7]. - The application aims to automate basic transactional tasks, enabling accountants to concentrate on value creation and strategic business analysis, thereby assisting enterprises in achieving better development [7]. Group 3: Event Highlights - A roundtable forum titled "Embracing AI, Solving Real Problems" was held, featuring discussions among tax experts, financial managers, and corporate executives on the practical applications of AI in financial management [5]. - A presentation by a renowned tax training expert focused on the three main drivers of financial transformation and the pathways to realizing financial management value, including how SMEs can build effective financial management systems [5].