Audit software

Traditional audits may hinder business growth potential as accounting firms are slow to embrace modern approaches, according to an Inflo report.

Both Big Four firms announced significant upgrades to its AI capacities for audit and assurance work.

The suit in Texas accuses the SEC of acting without authority to create the Consolidated Audit Trail.

Three-year-old startup Fieldguide raised $30 million in funding to further its goal of using AI to alleviate an acute shortage of accountants worldwide.

The partnership gives KPMG clients access to AuditBoard's AI-powered technologies as part of the Big Four firm's services.

This new standard changes the game for auditors to make risk assessments even more effective.

A recent survey from Gartner found that few audit executives report using generative AI in their department, but many say they expect to do so in the future.

The internal audit function is gaining more people and funding, according to a new survey released Monday.

Auditing is undergoing a seismic shift, largely driven by the relentless march of technology.

If CFOs, controllers and other finance leaders implement a handful of straightforward best practices before, during and after an audit, they can maximize efficiency and insight for everyone involved.

Average fees increased by 4.6% from 2021 to 2022, and more auditors are using data analytics in their audits, according to a new report.

The standard reflects the many changes in technology, communications and business practices since an interim standard was first adopted decades ago.

Despite over two decades of experience, complying with the Sarbanes-Oxley Act of 2002 doesn't seem to be getting any easier for audit and finance leaders.

Even without formal standards, professionals are still finding ways to examine and test AI.

Internal controls evaluation, fraud detection and compliance monitoring are among the uses for the technology, according to a new report.

The board wants to address the greater use of technology by auditors, especially when it comes to analyzing information in electronic format.

PwC recently announced a $1 billion investment to expand and scale its AI offerings to help clients reimagine their businesses.

The firm is investing $1 billion in artificial intelligence technology, geospatial technology, predictive analytics, virtual reality and more.

MindBridge's statistical, machine learning and rules-based analytics technology will be incorporated into the Big Four firm's audit platform, Clara.