Audit

With the incremental complexities and associated risks this year, companies and auditors cannot afford to fall behind.

The U.K.’s Financial Reporting Council sanctioned Deloitte and two of its former partners for their audits of the software company Autonomy prior to its acquisition by HP and levied a record penalty.

The state society will have the Canadian company educate its members on AI and data analytics, as well as MindBridge’s software solutions.

Ernst & Young is sending letters to clients admitting it failed to uncover fraud at the payment company sooner.

MindBridge’s Eli Fathi and the revolution of AI in accounting.

COVID-19 has created new challenges and a remote work environment that heightens the risk of fraud at public companies.

It doesn’t need to be an oxymoron.

The Public Company Accounting Oversight Board updated its research and standard-setting agendas.

The American Institute of CPAs has received an increasing number of questions on sustainability assurance engagements.

GSX Techedu is the latest case of a U.S.-listed Chinese company facing greater scrutiny on accounting issues amid rising tensions.

An inside look at SAS 142, which aims to help bolster this critical tool in the auditor's toolkit.

The Internal Revenue Service introduced a section of its website dedicated to the Centralized Partnership Audit Regime.

Germany’s blame game over Wirecard AG’s collapse is focusing on the question of why authorities failed to take a harder look at the payments company before it became the country’s biggest accounting scandal in living memory.

Finance and accounting teams have had to adapt quickly to transition to executing their day-to-day processes in a dispersed fashion.

China is calling for direct talks to solve a years-long dispute that threatens global markets.

The profession's skillset can be applied to much more than just financial statements, according to Julie Bell Lindsay of the Center for Audit Quality.

The fraud that brought down tiny Commerzialbank Mattersburg im Burgenland AG raises questions for financial regulators and auditors that have uncomfortable echoes of the Wirecard AG debacle in neighboring Germany.

The AICPA's Dynamic Audit Solution is on track to transform the field; Sue Coffey of the American Institute of CPAs and Erik Asgeirsson of CPA.com offer an update on this ambitious project.

The campaign looks to recognize auditors through videos, blog posts and other stories in order to "put a face to the auditors who play a significant role in keeping the capital markets functioning."

Internal audit departments are slowing down the adoption of next-generation technologies, such as artificial intelligence and machine learning, according to a new survey.