Audit software

The American Institute of CPAs’ Auditing Standards Board has released a new standard for audit evidence for private companies, updating the existing standards in recognition of the increasing role that technology plays in audit procedures.

There are close to 84,000 employee benefit plan audits conducted in the United States each year, almost 70 percent of which are limited-scope audits.

As the coronavirus pandemic continues, the need for remote audit capabilities remains a prime concern.

Hotel and airline cancellation charges are giving way to more requests for work-from-home items.

American Institute of CPAs president and CEO Barry Melancon talked about the need for CPAs to learn new skills as hiring of accounting graduates has slowed and the CPA licensing model has come under threat in some states.

PricewaterhouseCoopers showed off some of its new and upcoming technologies it has been developing for its staff and clients, particularly in the auditing field, at an event Tuesday in its offices in New York.

AppZen has released its enhanced AppZen Platform, using artificial intelligence to automate audits and other financial processes.

The amount of time needed to prepare an audit or create a budget or forecast is greatly reduced with fintech, leaving staffers with the time they need to do more strategic work.

Technology is less a threat to the audit than a tremendous opportunity, experts say.

The Public Company Accounting Oversight Board has released a document providing information from its conversations with nearly 400 chairs of audit committees.

Erik Asgeirsson describes the new audit tools and many other developments coming out of CPA.com and the American Institute of CPAs.

CCH Axcess Knowledge Coach still allows for auditor professional judgement in the audit process.

Technology is ready to disrupt this core service of the profession, and that's going to require a serious response from auditors, according to Alan Anderson of Accountability Plus.

The AICPA and CPA.com have been forward thinking on artificial intelligence, and how it will shape the accounting industry in the near future, specifically the audit function.

Deloitte is making use of robotic process automation to help its auditors and clients with their financial statements.

SOX compliance may seem like a dry topic, but this crucial step on the road to going public can be transformational for high-growth companies — if they approach it in the right spirit.

As audit changes rapidly, driven by rapid development in artificial intelligence and other emerging technologies, Armanino has taken the bull by the horns and has put out the first app for attestation driven by blockchain technology.

Technology is not only making auditors more efficient, says Jeff Gramlich of Validis -- it's offering them the opportunity to significantly enhance quality.

Three organizations share their experiences applying different applications to auditing

Audit is changing. Technology is the primary driver of what has become a movement to change not just the tools but also the entire process and methodology of audit in the accounting profession.