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The four largest firms are squarely on 'Team Human' when it comes to artificial intelligence — and don't believe the tech is even at a level where it can take over all of a human's job.
August 8 -
The board is looking for nominations for new members of its Investor Advisory Group and its Standards and Emerging Issues Advisory Group.
August 4 -
The disclosures that companies make about their green credentials will be evaluated by new global audit standards that are expected to be finalized by the end of next year.
August 4 -
Digital World Acquisition blasted Marcum for not adhering to "requisite audit procedures" that would have identified the accounting errors sooner.
August 3 -
The Center for Audit Quality is working to convince the board to water down a proposed update telling auditors to be on the lookout for fraud and other signs of noncompliance.
August 2 -
The International Auditing and Assurance Standards Board proposed new rules for providing outside assurance on a company's sustainability reporting efforts.
August 2 -
At the same time, the number of companies reporting their audit fees has dropped roughly 20%.
August 1 -
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The board disciplined five auditing firms for violating its rules and standards when communicating with audit committees.
July 28 -
He reiterated that American officials must be able to review the audit papers of Chinese companies that trade in the U.S.
July 28 -
Steinhoff, the former owner of Mattress Firm in the U.S., has been battling to survive ever since auditors refused to sign off on its financials.
July 28 -
The service is using the extra funding it received from the IRA to audit big, complex partnerships using data analytics and other technology tools, while working on hiring more experienced accountants.
July 27 -
The board announced 369 accounting and auditing students will receive $10,000 in scholarships as part of its PCAOB Scholars program.
July 27 -
Apart from a raid by India's financial crime-fighting agency, the tutoring startup failed to file its financial accounts on time, and U.S. investors accuse it of hiding half a billion dollars.
July 26 -
The board's inspectors are finding 'unacceptable' levels of problems at auditing firms, with year-over-year increases once again.
July 25 -
Students aren't majoring in accounting because they don't have a passion for the subject, and because they perceive barriers in cost and time.
July 24 -
The board unveiled six new search filters for its inspection report database, allowing new ways to compare and analyze reports.
July 19 -
The more KAMs disclosed in an audit report, the higher the distress level of a company, according to a new study
July 18 -
Familiarity with the Capability Maturity Model empowers companies to proactively prepare for audits by equipping them with knowledge about specific audit challenges associated with each level.
July 18
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