Audit & Accounting

The National Association of State Boards of Accountancy and the American Institute of CPAs today released an exposure draft proposing changes to Continuing Professional Education standards.

More than 1,000 (69%) of the 1,458 exchange-listed EGCs are audited by larger firms, the PCAOB found.

The AICPA Peer Review Board wants to update its requirements as more accounting firms get outside funding.

CFOs are likely to use internal audit to address key risks in their areas of responsibility, potentially excluding other areas of risk.

President Donald Trump said companies should not be forced to deliver earnings reports on a quarterly basis, saying he preferred a six-month schedule he cast as saving businesses time and money.

The internal audit profession has been grappling with a greater array of responsibilities beyond checking up on corporate finances, including vetting companies' cybersecurity and use of artificial intelligence.

Plus, AuditDashboard announces 8.0 release with Microsoft 365 and Copilot integration; Audit Sight releases new analytics module for insights; and other accounting tech updates.

The program, designed for young accountants, begins September 24 and includes six virtual sessions worth 12 CPE credits.

Issuers must meet regulatory requirements, including SEC filings and compliance with auditing standards set by the PCAOB.