Audit

The Securities and Exchange Commission eased up dramatically on accounting and enforcement activity last year during a period of transition at the SEC, but the Public Company Accounting Oversight Board increased its enforcement amid a shakeup at the PCAOB.

There are a host of current and potential implementations for artificial intelligence — but a lot of its role in the profession is still being figured out.

Baker Tilly and Deloitte also had good quarters at the end of 2021.

Deloitte & Touche chair and CEO Lara Abrash has been watching the Big Four firm’s audit practice changing over the past two years.

Under a commission proposal, funds’ financial statements would need to be audited at least annually.

The collapse of U.K. builder Carillion four years ago is now threatening to inflict more than reputational damage on its former auditor, KPMG.

PricewaterhouseCoopers has expanded its alliance with the cloud-based financial reporting technology company Workiva to handle environmental, social and governance reporting and services.

The Public Company Accounting Oversight Board is once again forming an Investor Advisory Group and starting a new Standards and Emerging Issues Advisory Group after the old board came under sharp criticism for scrapping its outside advisory groups.

EY's Marie-Laure Delarue discusses how accountants can help companies with their ESG reporting, and the formation of the new International Sustainability Standards Board.

With so many complex issues competing for their attention, audit committees can't afford to lose sight of their core oversight duties.