Audit & Accounting

A KPMG survey found 72% of companies are using AI in their financial reporting process to some extent, and executives expect auditors will start examining controls around the technology.

SMBs and their financial advisors have deep concerns about the impact of bribery and corruption, according to a new survey.

The National Pipeline Advisory Group identified six recommendations based on survey data to a address accounting's talent shortage, including rethinking CPA licensure requirements.

Tax professionals will need to take extra steps to get access to certain systems and information.

The Public Company Accounting Oversight Board updated its standard-setting, research and rulemaking agendas to reflect recent progress on modernizing the its older standards and rules.

Reliable data is the foundation of effective climate-related disclosures, and audit and tax professionals' experience is essential in supporting this data's integrity.

The Top 100 Firm has been increasing its workforce and footprint despite talent shortages, growing 17% in the first quarter of the year.

The Public Company Accounting Oversight Board approved two new standards, on systems of quality control and the general responsibilities of the auditor.

The 2024 ATAWW survey is fielding responses from both firm team members and firm leadership about remote, hybrid and flexible work practices.

Two recent cases show how a lack of rigorous oversight and real consequences is impacting the profession.