Audit software

Fieldguide announced the release of Fieldguide for Financial Audit.

Plus, Xero goes from $113 million loss to $175.9 million profit; and other accounting technology news.

Traditional audits may hinder business growth potential as accounting firms are slow to embrace modern approaches, according to an Inflo report.

Both Big Four firms announced significant upgrades to its AI capacities for audit and assurance work.

The suit in Texas accuses the SEC of acting without authority to create the Consolidated Audit Trail.

Three-year-old startup Fieldguide raised $30 million in funding to further its goal of using AI to alleviate an acute shortage of accountants worldwide.

The partnership gives KPMG clients access to AuditBoard's AI-powered technologies as part of the Big Four firm's services.

This new standard changes the game for auditors to make risk assessments even more effective.

A recent survey from Gartner found that few audit executives report using generative AI in their department, but many say they expect to do so in the future.

The internal audit function is gaining more people and funding, according to a new survey released Monday.