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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
RSM US Reaches Revenue of $3.7 Billion in FY 2023

Firm Management August 9, 2023 

RSM US Reaches Revenue of $3.7 Billion in FY 2023

Chicago-based RSM remains the fifth-largest accounting firm in the U.S. by revenue, only behind the Big Four firms.

Jason Bramwell

Accounting Firms Are Messing Up on Audits at an Unacceptable Rate, Says PCAOB Chair

Auditing August 8, 2023 

Accounting Firms Are Messing Up on Audits at an Unacceptable Rate, Says PCAOB Chair

A new report shows a year-over-year increase in the number of audits with deficiencies at firms that the PCAOB inspected in 2022.

Jason Bramwell

The Accounting Technology Lab Podcast – Audit Technology and Data – August 2023

Accounting Technology Lab Podcast August 4, 2023 

The Accounting Technology Lab Podcast – Audit Technology and Data – August 2023

Technologists Randy Johnston and Brian Tankersley, CPA, talk with Jeff Gramlich of Validis about changes in audit technology and the role of data.

Brian Tankersley, Randy Johnston

Grant Thornton Names 75 New Partners, Principals and Managing Directors

Accounting July 21, 2023 

Grant Thornton Names 75 New Partners, Principals and Managing Directors

By service line, audit accounts for the largest number of promotions (40%), followed by tax (28%), advisory (28%), and internal services (4%). 

Isaac M. O'Bannon

Want to Search PCAOB Inspection Reports By How Many Screw-Ups an Audit Firm Made? You Can Now Do That

Accounting July 20, 2023 

Want to Search PCAOB Inspection Reports By How Many Screw-Ups an Audit Firm Made? You Can Now Do That

Investors and other users can now easily filter more than 3,700 PCAOB inspection reports by audit deficiency rate and more.

Jason Bramwell

HubSync Unveils Gateway: Redefining Client Experience for Audit and Tax Professionals

Accounting July 19, 2023 

HubSync Unveils Gateway: Redefining Client Experience for Audit and Tax Professionals

Gateway offers real-time status reporting and customizable set-ups for internal, corporate, and individual clients, ensuring 360-degree visibility regardless of size, complexity, or location.

Isaac M. O'Bannon

AuditFile Announces Acquisition of Advantage Audit from Wiley

Accounting July 10, 2023 

AuditFile Announces Acquisition of Advantage Audit from Wiley

AuditFile also announced it has relaunched the Advantage Audit product as "AuditFile Advantage Audit AI."

Isaac M. O'Bannon

The Technology Lab Podcast – Technology Governance – July 2023

Accounting Technology Lab Podcast July 6, 2023 

The Technology Lab Podcast – Technology Governance – July 2023

Technologists Randy Johnston and Brian Tankersley, CPA, discuss models for technology governance.

Brian Tankersley, Randy Johnston

AuditFile Announces Integration With Microsoft Azure OpenAI Service

July 1, 2023 

AuditFile Announces Integration With Microsoft Azure OpenAI Service

The integration enables auditors to leverage the power of AI to complete attest procedures, analyze large amounts of financial data, prepare financial statements, and aid in the assessment of risk.

Isaac M. O'Bannon

The Technology Lab Podcast – Review of Audit Technology Trends – July 2023

Accounting Technology Lab Podcast June 29, 2023 

The Technology Lab Podcast – Review of Audit Technology Trends – July 2023

Technologists Randy Johnston and Brian Tankersley, CPA, discuss technology trends for audits.

Brian Tankersley, Randy Johnston

PCAOB Looks to Add Rules for Auditors on Technology-Assisted Analysis

Accounting June 27, 2023 

PCAOB Looks to Add Rules for Auditors on Technology-Assisted Analysis

The proposal would update parts of existing PCAOB standards relating to audit evidence and auditors' responses to risk.

Jason Bramwell

KPMG to Lay Off 5% of U.S. Workforce in Second Round of Job Cuts

Accounting June 26, 2023 

KPMG to Lay Off 5% of U.S. Workforce in Second Round of Job Cuts

Unlike in February when the firm let go of 2% of its workforce, mostly in advisory, these job cuts will impact tax and audit.

Jason Bramwell

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