Audit & Accounting

The Governmental Accounting Standards Board is looking for public comment on proposed guidance for reporting on infrastructure assets.

The internal audit function can help the enterprise pursue innovation responsibly by encouraging the development of risk management early in the AI lifecycle.

The Big Four Firm is globally embedding enterprise-scale agentic AI into its assurance engagements, meaning that audits will now use the technology in its firms worldwide.

The funding will let Modus partner with audit-focused accounting firms, and develop its technology.

Digits announced that accountants will only pay for clients if the Digits platform successfully automates 95% or more of transactions with zero human touch.

An experiment with having artificial intelligence write papers for a college accounting course reveals some of its current limitations.

Accounting firms that are best positioned to capture the growth from advisory services must do more than rethink the services they deliver.

The Institute of Internal Auditors is enhancing its Certified Internal Auditor Challenge Exam with a new experienced-based pathway pilot and updates for Global Internal Audit Standards.

Reducing disputes is not about chasing collections more aggressively. It's about designing billing processes for how work is performed and revenue is recognized.

One AI startup executive calls annual recurring revenue "a fake accounting number developed by fake accounting people."