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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CPE / IRS CE Webinar: Master Filing Amended and Superseded Returns on Form 1040-X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
Hg Buys AuditBoard in $3 Billion Deal

Mergers and Acquisitions May 24, 2024 

Hg Buys AuditBoard in $3 Billion Deal

The private equity firm said it will help AuditBoard expand its cloud-based risk management platform, as well as its global reach.

Jason Bramwell

CAQ Asks PCAOB to Extend Comment Period on a Pair of Proposed Standards

Auditing May 22, 2024 

CAQ Asks PCAOB to Extend Comment Period on a Pair of Proposed Standards

The Center for Audit Quality asked for an extra 60 days to review and provide feedback on two proposals with a June 7 comment due date.

Jason Bramwell

PCAOB Slaps Audit Firm MaloneBailey With $400,000 Fine

Auditing May 21, 2024 

PCAOB Slaps Audit Firm MaloneBailey With $400,000 Fine

The top 200 accounting firm was sanctioned on May 21 for what the PCAOB calls “pervasive quality control violations.”

Jason Bramwell

audit

Accounting Standards May 16, 2024 

AICPA Auditing Standards Board Approves Revisions to Attestation Standards

The changes are intended to align them with the AICPA standards pertaining to quality management, and related financial statement audit and non-audit standards.

Isaac M. O'Bannon

KPMG Leads in IPO Audit Clients for Q1 of 2024

Auditing May 15, 2024 

KPMG Leads in IPO Audit Clients for Q1 of 2024

The Big Four firm audited eight of the 46 IPOs, tops among the 20 different firms with at least one IPO audit client in the first quarter.

Jason Bramwell

PCAOB Replaces Old Quality Control Rules With a New Standard

Auditing May 14, 2024 

PCAOB Replaces Old Quality Control Rules With a New Standard

The new quality control standard will require audit firms to annually evaluate their QC systems and report the results to the PCAOB.

Jason Bramwell

New PCAOB Rules Would Push Auditors to Assemble Final Documentation More Quickly

Auditing May 14, 2024 

New PCAOB Rules Would Push Auditors to Assemble Final Documentation More Quickly

As part of a new standard adopted May 13, the time period to assemble a final set of audit documentation would be cut from 45 to 14 days.

Jason Bramwell

AuditBoard Adds InfoSec Solution Enhancements for Cyber Risks

Auditing May 8, 2024 

AuditBoard Adds InfoSec Solution Enhancements for Cyber Risks

New capabilities include enhanced AI automation, customizable automated workflows, and real-time analytics.

Isaac M. O'Bannon

Webcast1

Accounting May 9, 2024 

Webcast May 9: Lease Accounting’s Role in Executing Financial Strategy

With changes in lease accounting and emissions standards, organizations need to look beyond compliance to automating, optimizing and consolidating strategic financial systems. 

8 Characteristics of a Well-Designed Root Cause Analysis Process, According to the PCAOB

Auditing April 30, 2024 

8 Characteristics of a Well-Designed Root Cause Analysis Process, According to the PCAOB

In a staff report, the PCAOB discusses the importance of the root cause analysis process in firms' efforts to improve audit quality.

Jason Bramwell

PCAOB Group Seeks Input On the Most Decision-Useful CAMs or KAMs

Auditing April 29, 2024 

PCAOB Group Seeks Input On the Most Decision-Useful CAMs or KAMs

The Investor Advisory Group is looking to identify the top three critical audit matters or key audit matters for 2023.

Jason Bramwell

College-graduate-students1

Accounting April 29, 2024 

Internal Audit Foundation Report Finds Changing Risk Landscape Will Require Shift in Hiring Trends

According to the report, hiring managers tend to seek recent college graduates who have studied accounting (80%), followed by those from auditing (53%) and business (44%).

Isaac M. O'Bannon

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