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PCAOB Provides Three Resources For Auditors On the New Quality Control Rules

CPA Practice

Webinar : This webinar, led by expert staff in the PCAOB’s Office of the Chief Auditor, provides an overview of QC 1000 requirements and is designed to help auditors prepare for the standard’s implementation. 1, A Firm’s System of Quality Management , adopted by the AICPA.

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AI Adoption by Internal Auditors Set to Double by 2026, Survey Finds

CPA Practice

Artificial intelligence is set to transform internal audit in 2026, with adoption expected to double next year to80% from its current adoption rate among internal auditors of 39%, according to new research from Wolters Kluwer.

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Deloitte gives its auditors more agentic AI capacities

Accounting Today

Deloitte said its auditors will now have enhanced agentic AI capacities within Omnia, the firm's global cloud-based audit and assurance platform.

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IAASB revises auditor fraud standard

Accounting Today

The International Auditing and Assurance Standards Board has revised its standard on the auditor's responsibilities relating to fraud.

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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.

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EY Gets Caught Up in Independence Violations Because Audit Partner Rotation Is For Chumps

Going Concern

After a review, EY concluded that it was not in compliance with the SEC’s auditor independence rules for the audits of the applicable years. EY audited SWSF from the financial year ended December 31, 2009 until its resignation as auditor in April of 2021.

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Accounting Groups Call for More Competitive Pay for Government CPAs

CPA Practice

The public deserves to know its tax dollars are being spent as intended — and that requires strong government finance teams and experienced auditors.” Evaluation of external auditors should consider CPA firm qualifications, not just proposed fees.

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How Unify Turned Month-End Mayhem Into a Growth Party With Automation!

ART’s flexible access for auditors ensured tight deadlines were met effortlessly. By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks.