Risk

Capital investment booming; lawsuits may be incoming; offer in compromise is real; and other highlights from our favorite tax bloggers.

The efforts of internal auditors are increasingly focusing on digital disruptions, especially from artificial intelligence, as well as geopolitical uncertainty.

Plus, LogicGate 2026 release include GRC agents, lifecycle management solution; Deel launches retirement solution; and other accounting tech news.

Accountants tend to view hallucination control as a governance challenge first and a technical challenge second. Essential to this is human review.

The International Auditing and Assurance Standards Board proposed revisions to three of its International Standards on Auditing.

Chief financial officers are going negative on the economy, but more upbeat about their own businesses' prospects, according to a Deloitte survey.

The Financial Accounting Standards Board posted a proposed accounting standards update to improve interest rate risk hedging and net investment hedging accounting guidance.

For years, many accountants approached 831(b) micro-captive insurance plans with caution, if not outright avoidance. The reason was understandable.

The Taskforce on Nature-related Financial Disclosures and Accounting for Sustainability partnered on a new guide to nature-related impacts for finance chiefs.

Internal auditors are facing a heightened risk of fraud at organizations as schemes change and internal controls weaken over time, according to a new report.

Plus, Suralink introduces Workpaper Suite Intelligence; Xero announces Xero Coaches; and other news and updates from the accounting tech world.

Few enterprise risk management programs are truly integrated into strategic decisions, according to a new report.

The deal strengthens Wipfli's risk management offerings, and adds two partners and 52 associates to the team.

Plus, Gusto announces 75 new features; Infinite Ties launches new FanCAS-Kit; and other accounting tech news and updates.

While the specific impacts are still being determined, professional liability insurers that cover CPA firms increasingly are coming to a consensus that AI is a source of risk that must be controlled by strong governance.

While AI controls are important, organizations should not pursue one-size-fits-all blanket applications, especially when differentiating between matters of governance versus technology.

Diligent launched its new AuditAI solution, described as a strategic compliance tool that automates execution of internal audit tasks.

Federal attention to foreign influence in higher education has intensified.

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

Business executives are most worried about the risks from cybersecurity and third parties, but see opportunities for growth in the next few years.