Deloitte

CFOs remain divided on the prospects for the economy and continue to see risks from inflation, cybersecurity, generative AI and talent shortages, according to a new survey from Deloitte.

Plus, Bill360 solution offers AR automation; Certa announces gen AI capacities, new ESG module; and other accounting tech news.

The shift of public accounting firms, traditionally focused on providing auditing and tax services, into expansive multidisciplinary firms has long raised concerns among investors and regulators.

The Audit Reform Lab published a report analyzing Britain's audit industry after high-profile corporate collapses and criticism.

Deloitte auditors have been turning their attention to climate risks affecting clients who need to deal with a growing array of regulations and laws.

The board imposed its largest-ever penalty of $25 million against KPMG's firm in the Netherlands, in addition to $2 million in fines against Deloitte's firms in Indonesia and the Philippines.

Ideagen Audit Analytics' report shows mid-tier auditors taking market share from smaller firms.

Big Four firm Deloitte is looking to overhaul its structure to cut costs ahead of a market slowdown, according to the Financial Times.

A majority of audit committee members are eyeing cybersecurity as a top priority in the next 12 months, followed by enterprise risk management and talent.

Ernst & Young issued a major mea culpa following a failed split of the firm.