Risk management

While the EU AI Act creates new obligations regarding AI, its more stringent mandates apply only to the minority of organizations involved with high-risk use cases.

While organizations understand AI governance and controls are important, actual implementation lags behind significantly due to leadership and culture.

The AICPA & CIMA have published a Business Resilience Toolkit to help leaders and finance professionals cope with economic uncertainty and challenging conditions.

The Institute of Internal Auditors presented its updated competency framework for internal auditors during its international conference this week in Toronto.

Emailing an unprotected return; Sec. 899; IRMMA tactics; and other highlights from our favorite tax bloggers.

The new payments solution promises to be the first step in a broader move into financial services.

Plus, Emburse launches new mobile app with AI; Bill announce new procurement capabilities; and other accounting tech news.

Plus, Tesorio releases AI agent for supplier portal invoicing; compliance pros see massive sea change due to AI; and other accounting tech news.

Even when auditors follow all the standards and perform a high-quality audit, they can still be sued.

The Institute of Internal Auditors is asking the federal government to give the internal audit function a key role in providing assurance over the use of artificial intelligence as part of a nationwide action plan.