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Auditing

Shield Extends the Compliance Perimeter to AI-Generated Records and Image-Based Content 

Technology June 16, 2026 

Shield Extends the Compliance Perimeter to AI-Generated Records and Image-Based Content 

FINRA Rule 4511 and the 2026 Oversight Report make clear that recordkeeping obligations apply to business communications regardless of channel or format.

Featured Articles

June 15, 2026  

Former SEC Chair Says Kalshi is Flat Wrong: Sports Bets Aren’t Swaps

June 12, 2026  

Trump Taps Ex-SEC Chairman Jay Clayton as Intelligence Chief

June 12, 2026  

SEC Proposes Eliminating Equities Trade-Through Rule

June 10, 2026  

The Case for Standardizing Audit Data Intake Before Busy Season Hits

June 10, 2026  

Crunchafi Adds In-App Integration with Thomson Reuters for Lease Accounting Automation in PPC Audit Workflows
Three Accounting Firms Got in Trouble for Breaking PCAOB Rules

Auditing July 15, 2025 

Three Accounting Firms Got in Trouble for Breaking PCAOB Rules

The three firms censured and fined by the PCAOB on July 11 for violating U.S. auditing rules and standards were Goldman & Co. CPAs ($25,000), Raymond Chabot Grant Thornton in Canada ($30,000), and PWR CPA ($60,000).

Jason Bramwell

Archived Webcast: Smarter Audits, Less Chaos: Building Future‑Ready Audit Workflows with AI and Integration

Accounting August 14, 2025  Sponsored

Archived Webcast: Smarter Audits, Less Chaos: Building Future‑Ready Audit Workflows with AI and Integration

When your teams are caught in a grind of manual tasks, fragmented tools, and version-control headaches, chaos often ensues. But there’s a smarter way.

PCAOB Fines Illinois Firm $50,000 Over Failures in 17 Broker-Dealer Audits

Auditing July 10, 2025 

PCAOB Fines Illinois Firm $50,000 Over Failures in 17 Broker-Dealer Audits

Michael Coglianese, CPA PC was censured and fined $50,000 July 10 for violating U.S. auditing rules and standards in connection with 17 audit and attestation engagements for SEC-registered brokers and dealers.

Jason Bramwell

Audit Sight Launches Management Meeting Module for Transaction Advisory Teams to Accelerate Deal Cycles and Surface Key Insights

Accounting July 10, 2025 

Audit Sight Launches Management Meeting Module for Transaction Advisory Teams to Accelerate Deal Cycles and Surface Key Insights

Audit Sight, the AI technology platform transforming audit and transaction advisory services (TAS), has announced the release of its latest innovation: the Management Meeting Module.

Isaac M. O'Bannon

Hiding in Plain Sight: 5 Red Flags for Occupational Fraud

Accounting July 8, 2025 

Hiding in Plain Sight: 5 Red Flags for Occupational Fraud

The key lies in empowering accounting professionals with tools that match the sophistication of modern business operations while remaining simple enough for practical implementation.

PCAOB Shares Good Practices for Auditors on Engagement Acceptance

Auditing July 7, 2025 

PCAOB Shares Good Practices for Auditors on Engagement Acceptance

This edition of "Audit Focus" highlights key reminders for auditors of small public companies or brokers and dealers on engagement acceptance and why it's a critical part of the audit process.

Jason Bramwell

Fraud21

Accounting July 7, 2025 

AICPA Seeks Comment on Proposed Update to Auditors’ Responsibilities Related to Fraud

The proposed Statement on Auditing Standards contains a number of changes, including the establishment of required procedures for when an auditor has identified fraud or suspected fraud.

Isaac M. O'Bannon

AuditBoard Appoints Raul Villar Jr. as Chief Executive Officer

Auditing July 1, 2025 

AuditBoard Appoints Raul Villar Jr. as Chief Executive Officer

Villar joins AuditBoard following a highly successful tenure as CEO of Paycor, a prominent human capital management software company.

Isaac M. O'Bannon

Nominations Open for 2025 Innovation Awards

Accounting June 28, 2025 

Nominations Open for 2025 Innovation Awards

The Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.

Isaac M. O'Bannon

PCAOB Permanently Bars Repeat Rule-Breaker

Auditing June 25, 2025 

PCAOB Permanently Bars Repeat Rule-Breaker

Michael Studer, CPA, was permanently barred on June 24 and his firm, Michael T. Studer CPA PC, had its PCAOB registration revoked after the accountant was found to be a repeat violator of U.S. auditing rules and standards.

Jason Bramwell

PCAOB Doles Out $8.5M in Total Fines to Most of the Big Four’s Dutch Affiliates for Exam Cheating

Auditing June 25, 2025 

PCAOB Doles Out $8.5M in Total Fines to Most of the Big Four’s Dutch Affiliates for Exam Cheating

The Netherlands-based affiliates of Deloitte, PwC, and EY were found to have violated U.S. auditing rules and quality control standards related to internal exam cheating and inefficient monitoring of their quality control systems.

Jason Bramwell

LeaseCrunch Rebrands as Crunchafi—a Broader Vision for CPA Firms

Accounting June 25, 2025 

LeaseCrunch Rebrands as Crunchafi—a Broader Vision for CPA Firms

Crunchafi (pronounced crunch-uh-fy) blends the legacy of “crunching numbers” with a forward-looking focus on accounting and financial intelligence.

Isaac M. O'Bannon

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