Technology June 4, 2025
Scytale Acquires AudITech
This acquisition will enable Scytale to offer a variety of security, privacy, and AI compliance automation for standards like SOC 2, ISO 27001, and now SOX IT general controls in one platform.
Auditing May 21, 2025
PCAOB’s Latest ‘Audit Focus’ Explores Challenges of Auditing Accounting Estimates
Auditing accounting estimates is the topic of the latest edition of "Audit Focus," a series of PCAOB publications that aims to provide easy-to-digest information to auditors.
Auditing May 21, 2025
ISACA Launches Advanced AI Audit Certification
The new credential is designed to meet the needs of IT auditors who are facing an evolving tech and compliance landscape with artificial intelligence at the forefront, the ISACA says.
Auditing May 15, 2025
PCAOB Shares Insights From Chats With Audit Committee Chairs
The Public Company Accounting Oversight Board released a new publication on May 15 that highlights the results of conversations that board staff had with audit committee chairs of U.S. public companies and broker-dealers last year.
Auditing May 12, 2025
PCAOB Gives Auditors More Video Resources on New Quality Control Standard
The PCAOB has posted a brand-new set of staff presentation videos designed to help audit firms and auditors implement four areas of their quality control system under QC 1000, A Firm’s System of Quality Control.
Auditing May 12, 2025
Study: 73% of Global Companies Sought Assurance on Sustainability Reporting
A new report from the AICPA & CIMA and the International Federation of Accountants found that nearly three in four of the largest companies sought assurance on some aspect of their sustainability disclosures.
Auditing May 7, 2025
AI Adoption by Internal Auditors Set to Double by 2026, Survey Finds
Artificial intelligence is set to transform internal audit in 2026, with adoption expected to double next year to 80% from its current adoption rate among internal auditors of 39%, according to new research from Wolters Kluwer.
PCAOB April 30, 2025
PCAOB Chair ‘Deeply Troubled’ By GOP’s Plans to Shutter U.S. Audit Regulator
Draft legislation being considered by the House Financial Services Committee proposes to eliminate the Public Company Accounting Oversight Board and fold its responsibilities into the Securities and Exchange Commission.
Auditing April 29, 2025
PCAOB Adds New Datasets for Audit Firm Inspection Reports
The new downloadable datasets, which contain public inspection information from reports on audit firms going back to 2018, are machine-readable and can be used to analyze PCAOB inspection findings.
Auditing April 23, 2025
PCAOB Punishes NYC-Based CPA Firm and Managing Partner For ‘Substandard Audit Work,’ QC Violations
Accounting firm Adeptus Partners was fined $75,000 and managing partner Howard Krant was sanctioned $50,000 on April 22 for breaking the rules during the audits of two technology companies.
Auditing April 22, 2025
PCAOB Adds New Resources on Quality Control Standard
The new set of staff presentation videos are designed to help audit firms implement four components of their quality control system under QC 1000, A Firm’s System of Quality Control.
Auditing March 25, 2025
PCAOB Nails New York CPA Firm for Multiple Audit Failures
James Pai CPA PLLC and its sole owner and partner Yu-Ching James Pai were fined a total of $40,000 for violating multiple PCAOB rules and standards in connection with the 2021 and 2022 audits of SUIC Worldwide Holdings.