Audit News from Accounting Today

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

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

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 Public Company Accounting Oversight Board's chair, Jim Logothetis, thinks artificial intelligence will actually make accounting stronger.

Plus, Citrin Cooperman launches transfer pricing practice; KNAV debuts enterprise GRC platform; and other firm and personnel news.

The Defense Department plans to shift from its traditional use of cost accounting to the more widely prevalent U.S. GAAP to make it easier to do business with companies.

The efforts of internal auditors are increasingly focusing on digital disruptions, especially from artificial intelligence, as well as geopolitical uncertainty.

Nearly one in seven bookkeeping, accounting and auditing clerks in America is age 65 or more, and in some metropolitan areas it's nearly one in four.

The Public Company Accounting Oversight Board voted to adopt amendments that ease the requirements of its QC 1000 quality control standard for auditing firms.

The Institute of Internal Auditors wants the SEC to reject a proposal to give newly listed companies up to five years to establish an internal audit function.

Caseware announced upgrades that allow users to bring its AI agents into Microsoft Excel, along with an AI-first evolution of its Client Requests feature.

Tax audits by the Internal Revenue Service focus overwhelmingly on the richest taxpayers — and on the poorest, leaving middle-income earners the least likely to be audited.

A reporting systems with more options may lead to the market becoming less standardized.

Plus, LogicGate 2026 release include GRC agents, lifecycle management solution; Deel launches retirement solution; and other accounting tech news.

A proposed NYSE rule change would let newly listed companies wait five years before establishing an internal audit function.

Cherry Hill Advisory announced it is now offering external quality assessments performed by a team composed primarily of AI agents.

Christina Ho, a former member of the PCAOB and now at Oath Verified, believes the AICPA should be hearing more from tech companies as auditing standards evolve.

And the Big Four continue to claim the majority of audit fees.

Top 10 firm RSM, in cooperation with AI-powered audit technology Andera, announced an AI-driven control testing platform for internal audit, RSM Beacon.