Audit & Accounting

A joint report by the AICPA and Chartered Professional Accountants Canada said the rapid rise of AI opens up opportunities to provide independent assurance.

Fraud prevention demands more than data analysis; it requires leadership, cultural development and strategic foresight.

OBBBA and gambling; a billing lesson from bookkeeping; BOI 2.0; and other highlights from our favorite tax bloggers.

The International Auditing and Assurance Standards Board has revised its standard on the auditor's responsibilities relating to fraud.

The number of CFOs who say now is a good time to take greater risks plummeted to 33% in the second quarter, down from 60% in Q1, according to a Deloitte survey.

The Public Company Accounting Oversight Board gave reminders for auditors who audit smaller public companies in its latest staff publication.

Accountants like Ed are as dedicated to helping their peers in the profession as they are to helping their clients.

The American Institute of CPAs' Auditing Standards Board is looking for feedback on a proposed standard updating auditors' responsibilities related to fraud.

The jobs report beat expectations, while the unemployment rate dipped one-tenth of a percentage point to 4.1%.