Auditing

With so many new features, automation technologies and firm modernizations coming out in 2024, Tax & Accounting professionals have a lot to keep up with. Join us for an informative webinar where we press pause on all these notifications and break it down.

Internal auditors are able to assess processes to ensure that they are efficient and contain appropriate internal controls to mitigate relevant risks while ensuring regulatory compliance.

The study revealed that these expanding expectations are coming at a time when Internal Audit has limited bandwidth for advisory-related services — and increasing risk demand and insufficient risk management capacity are creating a risk coverage gap for the business.

KPMG has added generative AI into KPMG Clara, which the firm said will provide a better experience for its auditors and clients.

The firm has integrated GenAI into its SOC 2 assessment tool, streamlining client communication and task completion.

The crowd at a bitcoin conference in Nashville cheered loudly July 27 as Trump said her would fire Gary Gensler, whose term is up in 2026.

Within accounting and financial reporting, innovation is often associated with new technology. Cosourcing’s collaborative teaming approach and delivery model can cast innovation for accounting and financial reporting in a new light.

The integration of GenAI in audits and financial reporting is in its early stages but rapidly evolving, the PCAOB said in a new report.