Audit & Accounting

The profession's skepticism toward artificial intelligence may produce an unexpected benefit: a higher standard of transparency across the audit process.

Ernst & Young released its 2026 U.S. audit quality report, showing the biggest improvement ever in its annual PCAOB inspection findings.

The Governmental Accounting Standards Board released an implementation guide with questions and answers clarifying the requirements related to subsidies.

Financial operations platform Ramp, traditionally associated with outbound payments, now has a solution for inbound payments via the new Ramp Accounts Receivable product.

PricewaterhouseCoopers has been ramping up its use of artificial intelligence in recent years, while making sure to control the technology as concerns abound.

The Financial Accounting Standards Board issued a proposed update to improve the accounting guidance for residential mortgage servicing rights.

The tax and audit world is in the middle of an artificial intelligence gold rush. But just like the race to tame the West, some outlaw behavior is emerging.

While AI oversight is growing, readiness among the committee members is still in the process of development, according to a new survey by the CAQ and Deloitte.

The Internal Revenue Service attracted nearly 13,000 attendees to its Nationwide Tax Forums, which wrapped up last week in San Diego.

The private equity-backed Top 50 Firm launched a legal services practice called Sorren Law that will serve clients in Nevada, Idaho and Texas.