Audit & Accounting

After years of promises, stablecoin issuer Tether said it has received a full independent audit of its financial statements for the first time.

Plus, TransFi launches Jarvis for cross-border payment compliance; PwC Canada joins with Alation to develop AI solutions; and other accounting tech news.

The Public Company Accounting Oversight Board released its annual inspection reports for the largest six audit firms, indicating better results.

Ernst & Young has been ramping up its use of artificial intelligence technology to make its audits more thorough for clients worldwide, while turning auditors into AI developers.

The IRS takes a victory lap for customer service in a recent report. But from the standpoint of its most important customers, it isn't serving them nearly as well.

A scientist resigned from the World Resources Institute amid disagreement over how to tally forest carbon in accounting rules from Greenhouse Gas Protocol.

Trump asked an appeals court to pause a judge's order imposing sanctions on him and his lawyers for how they handled his $10 billion lawsuit against the IRS.

Fieldguide added new financial audit capacities to handle drafting, reviews and disclosures plus a way to connect with other AI models directly.

An overdue foreign invoice starts two clocks: one for financial reporting and one for recovery. Accountants can keep both moving.

The Securities and Exchange Commission is considering taking direct control of a controversial database that tracks trades across equities and options markets.