Auditing
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IRS: Security Threats Against Tax Pros Remain a Daily Threat
Small Businesses Hired At a Slower Pace in June
Distracted In the Office? New Study Finds You’re Not Alone
Americans Lead the World In Taking the Fewest Vacation Days
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How Auditors Are Seizing the Day with Artificial Intelligence
AI creates an opportunity as accountants can more readily gain access to the data they need, enabling them to shift their focus to professional judgment and using their experience to analyze and examine information.
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SEC Upped the Ante on Enforcement for Accounting and Auditing in FY 2023
The SEC disclosed 83 accounting and auditing enforcement actions in FY 2023, up 22% from the previous fiscal year.
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PCAOB Registration Isn’t a Seal of Approval, Regulator Tells Audit Firms
A proposed rule would limit how audit firms tout their PCAOB registration in marketing to clients and potential clients.
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Some Top Midtier Audit Firms Felt the Wrath of the PCAOB This Week
Withum was fined $2 million, while Baker Tilly and Mazars were fined $80,000 and $60,000, respectively, for rules violations.
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The Pivotal Role of Audit Professionals in AI Integration
Amid technological advancements, the audit professional's role, characterized by a deep attention to detail, compliance and risk management, is proving to be vital well outside the traditional confines of finance.
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Valid8 Financial Launches “Stories” to Accelerate Financial Fraud Investigations
The company’s Verified Financial Intelligence platform provides forensic accounting, legal and government professionals with courtroom-ready evidence for a variety of complex financial investigations and disputes.
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COSO Appoints First Executive Director
COSO has provided thought leadership and guidance for organizations in areas of internal control, enterprise risk management, fraud deterrence, and governance.
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EY Borrowed About $700 Million More on Failed Spinoff Costs
A plan to split the Big Four firm's audit and consulting arms collapsed last April after partners squabbled over several key issues.