Audit software

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.

The new series will highlight software developers and others who are pioneering new tools for accountants who are hungry for efficiency gains and added value.

The Public Company Accounting Oversight Board voted to update a group of old interim standards it inherited from the AICPA in 2003.

The AICPA and CPA.com announced the 2023 cohort for their Startup Accelerator program.

Investors are finding that the limited "proof of reserves" audits touted by some crypto companies don't provide much reassurance.

PricewaterhouseCoopers is seeing better results on its inspections by the Public Company Accounting Oversight Board.

The new standard for audit confirmations would replace an interim standard that hasn't changed for two decades.

Wolters Kluwer said that CCH Axcess Engagement is now fully integrated with CCH Axcess Financial Prep and CCH Axcess Knowledge Coach

In this edition of the Frontier, Marcum's CIO talks about how the audit solutions market may evolve in response to recent trends.