Auditing
Latest News
Zone & Co Launches ZoneBilling AI Assistant
IRS Extends Tax Deadlines Until May For Helene Victims
Avantax Acquires SEP Financial Services
Sovos Launches Indirect Tax Suite for SAP, Enhances Clean Core Readiness
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.
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.
PCAOB OKs Tougher Rules on Auditor Negligence
Individuals face possible sanctions when they negligently, directly, and substantially cause their firm to break PCAOB rules.
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.
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.
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.
AI, Automation and Outsourced Staffing Options on Display on AICPA Engage Trade Show Floor
CPA Practice Advisor visited with many companies at AICPA Engage to discuss solutions that can help practices be more productive, efficient and profitable.
AICPA Updates Practice Aid for Auditing Digital Assets
Guidance was added on auditing the valuation of digital assets and audit procedures regarding their existence, rights, and obligations.