Auditing September 9, 2026
Caseware Puts Agentic AI Inside the Audit
Caseware also launched an AI-first evolution of its Client Requests approach, bringing the same engagement intelligence into the audit preparation workflow.
Financial Reporting March 25, 2024
2024 GAAP Taxonomy Approved By SEC
The SEC has accepted the taxonomies on GAAP financial reporting and SEC reporting, the FASB said on March 19.
Auditing March 21, 2024
KPMG China’s Mishaps Result in Three Audit Partners Being Fined By the PCAOB
The three KPMG Huazhen partners were docked a total of $150,000 for turning a blind eye to U.S. auditing standards.
Firm Management March 18, 2024
Deloitte Revamps Structure to Slash Costs in Tough Market
The move will see the Big Four firm reorganize its main business units down to four arms from five, the Financial Times reported.
Firm Management March 15, 2024
Grant Thornton Is the Latest U.S. Firm to Get Into Bed With Private Equity
The seventh-largest accounting firm in the U.S. said it will receive “a significant growth investment” from New Mountain Capital.
Accounting March 14, 2024
AuditBoard and KPMG Partner for Risk Management
Organizations will be able to leverage the combined power of AuditBoard’s award-winning connected risk platform and KPMG’s deep expertise to elevate audit, risk, IT security, and ESG programs...
Accounting March 13, 2024
ADM Seeks to Reassure Investors Amid Accounting Probe
During an earnings call, the company's CEO said the internal problems have not torpedoed the overall financial picture.
Auditing March 11, 2024
Survey Finds the Audit Profession is Growing
After sharp cuts due to the COVID pandemic in 2020 and 2021, significantly more internal audit functions are now increasing their budgets (36%) than are decreasing them (13%).
Financial Reporting March 6, 2024
New SEC Climate Rule Gets a Thumbs Up From the AICPA
The rule “moves us closer to the high-quality reporting that investors, lenders, and other stakeholders require,” the AICPA and CIMA said.
Auditing March 4, 2024
How Auditors Are Seizing the Day with Artificial Intelligence
AI creates an opportunity as accountants can more readily gain access to the data they need, enabling them to shift their focus to professional judgment and using their experience to analyze and examine information.
SEC February 28, 2024
SEC Upped the Ante on Enforcement for Accounting and Auditing in FY 2023
The SEC disclosed 83 accounting and auditing enforcement actions in FY 2023, up 22% from the previous fiscal year.
Auditing February 28, 2024
PCAOB Registration Isn’t a Seal of Approval, Regulator Tells Audit Firms
A proposed rule would limit how audit firms tout their PCAOB registration in marketing to clients and potential clients.
Auditing February 23, 2024
Some Top Midtier Audit Firms Felt the Wrath of the PCAOB This Week
Withum was fined $2 million, while Baker Tilly and Mazars were fined $80,000 and $60,000, respectively, for rules violations.