Audit

The company is developing technology to inject AI into the audit process.

Audit automation is at the forefront of accounting technology innovation right now, with artificial intelligence changing the landscape of sampling and analysis.

The Institute of Internal Auditors is asking for input on a proposed update to its widely used document.

The Securities and Exchange Commission charged the firm with changing some of its previous audit work and manipulating results of its internal training tests.

Accountants should transform their services now, before they have to, say Erik Asgeirsson and Mark Koziel.

PricewaterhouseCoopers was fined 4.55 million pounds by the U.K.’s accounting watchdog over failings in its handling of technology firm Redcentric.

Susan Coffey discusses trust, value and opportunity in assurance at the 2019 AICPA Engage conference in Las Vegas.

The Internal Revenue Service tends to impose relatively few accuracy-related penalties during audits of large businesses, according to a new report.

The former COO of the IFRS will be chairing the International Auditing and Assurance Standards Board after the previous choice abruptly backed away from taking the post.

A U.S. bill that proposes to delist Chinese firms that don’t open their audit books to American regulators could benefit Hong Kong Exchanges & Clearing Ltd. as companies instead turn to the city’s bourse.

With states hungry for revenue, these risk factors may draw unwanted attention to your clients.

Auditors and people; whistleblowers’ comfort; Wayfair developments; and other highlights from our favorite tax bloggers.

The Public Company Accounting Oversight Board has published guidance from its staff on how auditors can communicate critical audit matters in their audit reports.

The Center for Audit Quality announced the five grant recipients for independent academic research on audit-related topics.

The firm said the fine should be just a fraction of that size, at 1.4 million pounds.

The Big Four firm announced that University of Kentucky professor Jeff Payne will be the fourth academic to oversee audit education and research.

U.S. corporations are contributing the smallest share of federal tax revenue in a generation.

The chances of an IRS audit for people making at least $10 million a year plunged during the government’s last fiscal year, according to data released on Monday.

The Internal Revenue Service’s audit rate went down again in 2018, according to data released Monday by the IRS.

Auditing quality seems to be improving somewhat internationally, although there’s still a lack of consistency, according to a new report.