Audit

Plus, Propense unveils Hatfield client service AI; Skipentry premieres with QBO data extractor tool; and other accounting tech news and updates.

The American Institute of CPAs' Auditing Standards Board proposed a set of updates to its attestation standards regarding sustainability and other emerging assurance issues.

The Public Company Accounting Oversight Board and the Securities and Exchange Commission curtailed enforcement actions against auditors significantly in 2025.

Even as auditors reported their lowest overall haul of new clients in almost four years, BDO USA topped the charts with a strong number.

Top 10 Firm BDO USA added 10 new clients at the end of 2025, almost all from its November acquisition of Top 100 Firm Horne.

The Securities and Exchange Commission is making extensive changes in auditing and accounting as it continues to deregulate under the Trump administration.

AI-enabled fraud has become so sophisticated more than one-third of senior internal audit leaders aren't even sure whether or not their organizations have been the targets of any attempts.

The vast majority of professional auditors have expressed concern that AI tools, while helpful, risk undermining professional judgment and eroding the trust people have in the profession entirely.

The IRS can broaden the audit, and, in the wrong fact pattern, frame the issue as deliberate concealment rather than poor recordkeeping.

Around the world, audit, risk and accounting teams are grappling with rising geopolitical and macroeconomic uncertainty.

Some auditors have taken on exceptionally high listing workloads alongside existing mandates.

Grant Thornton has sold its quality management application qm.x to accounting AI software company Tellen, though the firm will keep using it.

Demetrios "Jim" Logothetis was sworn in as chair along with two new board members, Mark Calabria and Steven Laughton, just over a week after they were named.

The Auditing Standards Board will be proposing a set of updates to its attestation standards to address sustainability information and other assurance issues.

The Public Company Accounting Oversight Board posted a staff report on testing transactions between broker-dealers and related parties.

Audit AI solutions provider Fieldguide announced a $75 million Series C round.

The SEC named Demetrios "Jim" Logothetis as chairman of the PCAOB, and Mark Calabria, Kyle Hauptman and Steven Laughton as board members.

The pros and cons of Trump's pitch to move from quarterly financial reporting to semiannual are not as clear-cut as either side thinks.

Alt5 replaced its auditor last month less than three weeks after hiring it, bringing on L J Soldinger Associates as its third audit firm in under two months.