Audit

Top 50 Firm Schellman recently became the first U.S. firm accredited to certify compliance with the new ISO 42001 AI management standard.

Erica Williams, who began her first term in January 2022, will now helm the Public Company Accounting Oversight Board through Oct. 24, 2029.

The Internal Revenue Service is looking to boost its historically low audit rates for complex arrangements.

The Public Company Accounting Oversight Board posted a practice aid, comparison document and webinar related to the implementation of QC 1000.

Companies often face the tricky task of producing privileged and confidential information to their independent auditors for audit purposes.

Wolters Kluwer announced a host of integrations and improvements in tax, practice management and audit for its CCH Axcess product.

Audit, risk and compliance platform AuditBoard announced the addition of three new AI-driven automation and analysis capacities to its platform.

The Public Company Accounting Oversight Board imposed a $50,000 fine, revoked the firm's registration and barred its partner.

The latest data on how accounting firms spend time serving CAS clients, current and projected standard deductions, and other key metrics.

Plus, TaxPlanIQ announces virtual summit; IRS announces availability of 18 online seminars; and other accounting tech news.

The PCAOB's aggressive enforcement agenda overshadows the profession's achievements.

It's time to stop talking about the future of audit.

The new regulatory environment has faced legal challenges, creating uncertainty for companies and auditors.

Ernst & Young is leveraging its $1 billion investment in talent and technology to expand the use of artificial intelligence and machine learning

A survey of internal audit and IT leaders found that while they identity AI as a growing technology risk, they have the least confidence in their ability to evaluate and handle its risks versus other technologies.

The Center for Audit Quality and the Anti-Fraud Collaboration released a new publication on the role of the auditor in assessing and responding to fraud risk.

Companies increasingly expect their audit firms to leverage artificial intelligence to aid the audit process, according to a new survey from BDO.

Despite the focus, however, most audit plans don't currently prioritize the risks, according to a new report from the Institute of Internal Auditors.

The Securities and Exchange Commission alleged Olayinka Oyebola and his firm enabled the perpetration of a multiyear fraud scheme.

Plus, AuditBoard announces new analytics features; Airbase launches 'Touchless AP' capacities; and other accounting technology news.