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Auditing

Thomson Reuters Announces New Partnerships to Bring AI Automation to Audit Workflows

Technology December 5, 2025 

Thomson Reuters Announces New Partnerships to Bring AI Automation to Audit Workflows

The new partnerships with Trullion, Audit Sight, Crunchafi, Fieldguide, Validis, and Valid8 Financial support automated, data-driven audits, Thomson Reuters says.

Jason Bramwell

Featured Articles

January 5, 2026   Sponsored

CPE / IRS CE Webinar: Master Filing Amended and Superseded Returns on Form 1040-X

December 4, 2025  

Opportunities Exist for More Transparent Audit Committee Disclosures, CAQ Says

December 2, 2025   Sponsored

AI Isn’t a Threat to Auditors—It’s the Key to Elevating the Profession

November 20, 2025  

Audit Partners Show More Optimism About the Economy, CAQ Survey Finds

November 19, 2025  

Report Says Internal Audit Profession Requires ‘Superhuman’ Skills to Survive Era of Hypervolatility
Workiva Adds New Global Internal Audit Standards to Audit Management Platform

Accounting July 11, 2024 

Workiva Adds New Global Internal Audit Standards to Audit Management Platform

Released by the Institute of Internal Auditors (The IIA), the Global Internal Audit Standards are designed to equip internal audit professionals to respond to emerging business challenges and engage with board members and executives as strategic partners for their organizations. 

Isaac M. O'Bannon

Supreme Court Rules U.S. Must Enforce Securities Violations in Court

SEC June 27, 2024 

Supreme Court Rules U.S. Must Enforce Securities Violations in Court

Justices rejected the SEC's use of internal administrative judges to seek civil penalties because it violates the right to a jury trial.

Canadian Audit Firm Fined $60,000 By the PCAOB for Quality Control Failures

Auditing June 25, 2024 

Canadian Audit Firm Fined $60,000 By the PCAOB for Quality Control Failures

Vancouver-based De Visser Gray was sanctioned for failing to comply with U.S. quality control standards from April 2019 to January 2024.

Jason Bramwell

PCAOB Busts Two Audit Firms for Not Complying With Reporting Rules

Auditing June 25, 2024 

PCAOB Busts Two Audit Firms for Not Complying With Reporting Rules

KKM CPA Associates in New York and the BDO affiliate firm in the United Arab Emirates were fined $25,000 and $20,000, respectively.

Jason Bramwell

PCAOB Adopts New Rules for Auditors on Technology-Aided Analysis

Auditing June 17, 2024 

PCAOB Adopts New Rules for Auditors on Technology-Aided Analysis

The revised rules provide detail and clarity for auditors when performing procedures using technology-assisted analysis.

Jason Bramwell

PCAOB Looks to Clarify Auditing Rules on Substantive Analytical Procedures

Auditing June 13, 2024 

PCAOB Looks to Clarify Auditing Rules on Substantive Analytical Procedures

The proposal issued by the board June 12 would replace an interim standard that hasn't changed significantly since 1989.

Jason Bramwell

PCAOB OKs Tougher Rules on Auditor Negligence

Auditing June 13, 2024 

PCAOB OKs Tougher Rules on Auditor Negligence

Individuals face possible sanctions when they negligently, directly, and substantially cause their firm to break PCAOB rules.

Jason Bramwell

KPMG Collaborates with Databricks for Audit AI

Auditing June 12, 2024 

KPMG Collaborates with Databricks for Audit AI

The firm’s ongoing alliance with Databricks will further accelerate the adoption of artificial intelligence within KPMG’s audits.

Isaac M. O'Bannon

Erica Williams Gets Second Term as PCAOB Chair

PCAOB June 11, 2024 

Erica Williams Gets Second Term as PCAOB Chair

Williams, who was sworn in as PCAOB chair in January 2022, will begin her second term on Oct. 25, lasting through Oct. 24, 2029.

Jason Bramwell

PCAOB Fines Florida-Based Firm L&L CPAs $75,000 for Auditing Blunders

Auditing June 10, 2024 

PCAOB Fines Florida-Based Firm L&L CPAs $75,000 for Auditing Blunders

The firm and three people were sanctioned for violations related to quality control, auditing failures, and missing Form AP deadlines.

Jason Bramwell

AI, Automation and Outsourced Staffing Options on Display on AICPA Engage Trade Show Floor

Accounting June 9, 2024 

AI, Automation and Outsourced Staffing Options on Display on AICPA Engage Trade Show Floor

CPA Practice Advisor visited with many companies at AICPA Engage to discuss solutions that can help practices be more productive, efficient and profitable.

Isaac M. O'Bannon

AICPA Updates Practice Aid for Auditing Digital Assets

Auditing June 6, 2024 

AICPA Updates Practice Aid for Auditing Digital Assets

Guidance was added on auditing the valuation of digital assets and audit procedures regarding their existence, rights, and obligations.

Jason Bramwell

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