AI Gets Real in Professional Services
Auditors are developing a level of speed and accuracy that would have been considered superhuman less than a decade ago.
PwC to Restructure U.K. Audit Practice
Amid growing pressure from regulators, the firm announced plans for a significant transformation of its audit business.
Auditors Can Be Friendly as Well as Skeptical, Study Finds
Auditors who trust their clients can feel freer to be more skeptical of their financial reporting.
PCAOB Adopts New Form for Naming Audit Partner
Auditors will be required to file a new Form AP with the PCAOB, disclosing the name of the engagement partner.
Knowledge of Auditor’s Bias May Be a Dangerous Thing
Audit reviewers may be unduly influenced by preparers' feelings about individual clients, finds recent research.