Audit & Accounting

Plus, CAQ releases generative AI guide for audit committees; US Bank announces new AR solution; and other accounting tech news.

PwC announced the rollout of its new ChatNational large language model AI for internal staff, which is designed exclusively for research questions versus the more general use ChatPwC

A recently introduced Senate bill would direct the federal government to develop third party audit standards for AI.

A new survey from ACCA and the IMA reported a sharp decline in economic confidence among accountants and finance professionals in the U.S. and North America, although globally confidence seemed to be increasing.

Private sector employment grew by 122,000 jobs in July — a deceleration from the average job gains seen over the second quarter of the year.

The International Accounting Standards Board published a consultation document with eight proposed illustrative examples to show how companies could apply International Financial Reporting Standards when reporting the effects of climate-related and other types of uncertainties in their financial statements.

High-income backdown; Direct File collision; the vaping excise mess; and other highlights from our favorite tax bloggers.

The hiring pace at small businesses dropped slightly in July, payroll processor Paychex reported Tuesday, but wage growth remained consistent.

Tax pros share their thoughts on what's driving the pipeline problem, and some short-term fixes.

Generative AI continues to build in the accounting world, as both KPMG and Armanino announced new capacities in their respective audit tools.