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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
PwC and Withum Share Lead For Most IPO Audit Clients in Q2

Auditing July 23, 2024 

PwC and Withum Share Lead For Most IPO Audit Clients in Q2

Of the 54 companies that went public, PwC and Withum audited 16 of them—eight each—according to Ideagen Audit Analytics.

Jason Bramwell

Intelligize Adds AI Solution for SEC Filing Analysis

SEC July 19, 2024 

Intelligize Adds AI Solution for SEC Filing Analysis

Intelligize+ AI adds generative AI-driven capabilities and new search technologies to its SEC compliance analytics and research platform.

Jason Bramwell

advancement-of-technology1_10863322

Accounting July 15, 2024 

Embracing Technological Change and Expanding Advisory Services are Critical to Internal Audit Profession

The report identified several positive technology-driven changes that are expected transform internal audit over the next decade.

Isaac M. O'Bannon

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

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