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The value of audit certification and what it means for tax firms

ThomsonReuters

This starts with solid reporting by company management and presents a significant opportunity for auditors. Why are ESG audits important? Much like the audits of financial statements, third-party assurance from an audit firm can help solidify trust in a company ’ s ESG reporting.

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Ensuring Climate ESG Auditing Excellence: How Your Trusted Accounting Partner Makes the Difference

Withum

In fact, a Center for Audit Quality (CAQ) analysis found that 90% of US companies that trusted their non-financial auditing to a publicly traded auditor used the same firm for their financial auditing. Regulation: Many of the world’s most far-reaching climate regulations require assurances from pre-approved third-party auditors.

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How will AI affect accounting jobs?

ThomsonReuters

Bureau of Labor Statistics’ occupational outlook for accountants and auditors over the next decade calls for the field to increase by 4%—compared with a 3% average growth rate for all occupations. White paper Demystifying artificial intelligence A tax professional’s guide to cut through the noise on all things AI.