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The agenda features projects on negative assurance related to comfort letter engagements, auditor independence, fraud, noncompliance with laws and regulations, and going concern. A...
The board’s review of 2025 public company audit inspections revealed a significant decrease from 2024 in instances where an audit firm failed to obtain sufficient appropriate evide...
For the past few years, almost every conversation about AI and audit has run in one direction: how can … The post Audit in an AI World: AI is raising the stakes for electronic ba...
A new practice aid covers the impact of organizations’ use of artificial intelligence in financial reporting and the impact of audit firms’ use of AI in audit engagements.
The Financial Services Authority (FSA) has recently identified cases in which some registered and licensed accounting and auditing firms have engaged individuals who are not regist...
The AICPA and AIUC announced a joint assurance certification combining their examination processes into a single independent review of AI safety and effectiveness.
NFRA Constitutes Advisory Committee on Audit Quality, Assurance and TechnologyPosted On: 04 SEP 2026 8:17PM by PIB DelhiIn keeping with Rule 15 and Rule 16 of National Financial R...
The latest Thomson Reuters Institute research reveals that auditors’ opinions on AI continue to evolve rapidly. While early conversations … The post Auditors’ opinions on AI: How...
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SSA 5000 likely to come into effect from April 1, 2027, to be used for top listed 1,000 companies, and for voluntary compliance.
Christina Ho, a former member of the PCAOB and now at Oath Verified, believes the AICPA should be hearing more from tech companies as auditing standards evolve.
Grant Thornton launches enterprise assurance practice; Canopy rolls out external API support; Finsider launches with automated deal support; and other accounting tech news
The framework aims to provide a consistent basis for assurance engagements while addressing evolving reporting requirements across the country
Starting your first SOC 1 audit marks a key point for your organization, showing your dedication to openness, robust controls, and reliable financial reporting. This certification...
The International Auditing and Assurance Standards Board introduced an interactive digital version of its Technology Catalog for its stakeholders.
QC 1000, A Firm’s System of Quality Control, will be effective Dec. 15 and could serve as the basis for the PCAOB’s future approach to inspections of public company compliance.
For years, audit firms have added technology to improve engagement efficiency, enhance quality, and address increasing complexity. Yet many firms … The post The pyramid of modern a...
Your audit team is working hard: files are moving between systems, staff are logging hours, and the calendar is … The post Your audit team is busy. But is it productive? appeared...
PricewaterhouseCoopers has been ramping up its use of artificial intelligence in recent years, while making sure to control the technology as concerns abound.
An IT internal audit is a structured review of an organization's technology systems, processes, and controls to evaluate their effectiveness. It spans hardware inventory, software...
Ernst & Young released its 2026 U.S. audit quality report, showing the biggest improvement ever in its annual PCAOB inspection findings.
The first-of-its-kind assurance certification, developed with the Artificial Intelligence Underwriting Company, is in a piloting phase and is expected to fully launch in early 2027...
If terms like “agentic AI” and “hallucination” have been floating around your office without context, you don’t need to … The post AI glossary for audit professionals: AI terms e...
I’m looking for a qualified Chartered Accountant who can step in and run an end-to-end internal audit with a clear emphasis on risk management. The organisation is mid-sized, the r...
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