PwC

May is Internal Audit Awareness Month. On the off chance that didn’t make it onto your calendar, I’d like to make the case that rethinking internal audit’s potential is time well spent.

H&R Block’s use of IBM’s Watson technology this past tax season is only one sign of the increasing involvement of artificial intelligence in tax preparation, with even Big Four firms like PricewaterhouseCoopers making major investments in AI for servicing their tax clients.

PricewaterhouseCoopers’ firm in the United Kingdom was fined a record £5 million ($6.4 million) by the U.K.’s Financial Reporting Council for its audits of Connaught, a social housing maintenance business that collapsed in 2010.

The Public Company Accounting Oversight Board announced six settled actions against non-U.S. accounting firms late last month for failure to report certain disciplinary or regulatory actions against them in their home country.

Billion-dollar firms continue to dominate in the audit market.

The Big Four firm's "Access Your Potential" initiative will look to close the financial skills gap in disadvantaged youth.

The Academy of Motion Picture Arts and Sciences has decided to retain PricewaterhouseCoopers as its official Oscar ballot accounting firm, despite the high-profile snafu last month in which the wrong Best Picture winner was announced.

As companies prepare for the new accounting standard that takes effect in 2018, there’s no shortage of apprehension among financial executives.

Accounting firms can learn a lot from how PwC handled the Oscars

PricewaterhouseCoopers has settled a lawsuit with MF Global’s bankruptcy administrator for an undisclosed sum.