Audit

PICPA believes the PCAOB's Non-Compliance with Laws and Regulations proposal is disconnected from the realities of the auditing profession and will impose undue strain on an already thinly stretched workforce of CPAs.

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

A majority of audit committee members are eyeing cybersecurity as a top priority in the next 12 months, followed by enterprise risk management and talent.

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

R&D and China; billable versus subscription; trailblazers; and other highlights from our favorite tax bloggers.

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.

AuditBoard announced new artificial intelligence, analytics and annotation capabilities.

The stock rose as much as 22% in Madrid on Friday after Spanish plasma maker published its annual consolidated accounts with an unqualified opinion from KPMG.

The Committee of Sponsoring Organizations of the Treadway Commission, also known as COSO, is working with the National Association of Corporate Directors on developing a corporate governance framework.

Just as tired pilots and crew members pose risks to flight safety, auditors fatigued from excessive workloads compromise the quality and reliability of audits.

Short-term thinking by auditors may surrender strategic high ground to outside challengers.

The auditing giant KPMG audited the three regional banks that failed last year. New York Community's recent disclosures that it had financial reporting weaknesses in 2023 raises new questions over the auditors' role.

The Public Company Accounting Oversight Board revoked the registration of Gries & Associates and its founder, while imposing a $65,000 fine for violations that led to multiple financial restatements.

CTA unconstitutional; AI and your practice; 30 years and counting; and other highlights from our favorite tax bloggers.

KPMG and its partner Adrian Wilcox failed to audit the advertising agency with sufficient professional skepticism, according to the Financial Reporting Council.

A roundup of the flood of sanctions, fines and penalties issued over the past year or so by the PCAOB.

The regulatory environment around accounting is getting stricter, as the IRS, the SEC and the PCAOB crack down.

Despite suggestions to the contrary, audits remain valuable and serve a grander purpose.

Microsoft is making its Copilot for Finance generative AI solution available for public testing.