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Auditing

Here’s Who’s Serving on the PCAOB’s Inspections Modernization Council

PCAOB July 9, 2026 

Here’s Who’s Serving on the PCAOB’s Inspections Modernization Council

The Public Company Accounting Oversight Board on Thursday revealed the names of the 12 people who will serve on its new Inspections Modernization Council.

Featured Articles

July 9, 2026  

U.S. Judge Allows SEC-Musk Deal Despite ‘Significant Misgivings’

July 6, 2026  

AuditFile Launches E-Signatures, the Newest Addition to Its Agentic Audit Suite

July 1, 2026  

For Crucial Federal Agencies, the Veneer of Independence is Stripped Away

June 30, 2026  

Clients Who Wait for a Financial Audit Notice Pay Far More Than the Engagement Fee

June 29, 2026  

Stacey Schabel Named Global Board Chair of the Institute of Internal Auditors
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

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

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