Auditing April 6, 2026
AI is Co-Writing End-of-Month Financial Reporting. Here’s What that Means for Auditors
In many organizations, AI is becoming embedded in core accounting workflows during the end-of-month process.
Accounting August 8, 2022
PwC Will Have to Pay £1.75 Million Fine Over Flawed BT Audit
The Financial Reporting Council also handed partner Richard Hughes a £42,000 penalty for his role on the audit.
Accounting Technology Lab Podcast August 3, 2022
The Technology Lab Podcast – Review of OnceAccounting – Aug 13, 2022
Randy and Brian review OnceAccounting, a single hub for accounting firms to manage all of their clients' books, even on different systems.
Accounting August 2, 2022
History Rewind: Behind the Bernie Madoff Scam
In 2009, Bernie Madoff pleaded guilty to a Ponzi scheme that cost investors an estimated total of $65 billion, the largest in U.S. history. Before that, he had been chairman of the NASDAQ stock ...
Accounting August 1, 2022
IFRS Consolidates with Value Reporting Foundation
The consolidation delivers on market demand, including from companies, investors and regulators, for simplification of the ...
Accounting August 1, 2022
More Companies Obtaining Independent Assurance on Sustainability Data
61% of ESG assurance services were performed by professional accounting firms, with substantial variation in practice within different jurisdictions
Accounting July 28, 2022
PCAOB ‘Up to the Task’ of Updating Standards, Tougher Enforcement
SEC Chair Gary Gensler called out the PCAOB yesterday for being too slow to modernize old auditing standards.
Accounting July 27, 2022
Twenty Years After SOX Was Signed Into Law, SEC Chief Says ‘Who Audits the Auditors’ Still Matters
Gary Gensler said updating outdated auditing standards and strengthening auditor independence rules are still works in progress.
Accounting July 27, 2022
Four Rogue KPMG Auditors Fined £365,000
They were disciplined after an industry tribunal found they forged documents and lied during a probe into their work.
Accounting July 25, 2022
Auditors Told To Stop Staff Cheating In Their Exams
The Financial Reporting Council said it was ‘deeply concerned’ by fines levied against the likes of EY, PwC and KPMG.
Auditing July 21, 2022
IIA Honors Charlie Johnson Jr. as Outstanding Auditor
The award recognizes those who “have given unusual and outstanding service to the profession of internal auditing through participation in the activities of the IIA.”
Accounting July 18, 2022
After a Chaotic First Half, What’s on the Horizon for Forensic Accountants in 2022?
With the threat of a recession on the horizon, and the ongoing fallout of the COVID-19 pandemic still being felt, business and forensic accountants are...
Accounting July 14, 2022
Audit Board Survey Shows Critical Risks and Opportunities for Internal Audit
Given the outlook for budgets and staffing levels, most internal audit departments remain optimistic about their department’s continuing value and growth.