The Big Four firm says it wants to "restore trust in audit" but a U.K. regulator indicates the changes don't go far enough.
Analysis suggests aspiring CFOs should make lateral moves outside of finance to get the broad experience companies are seeking today.
Intelligent automation and advanced analytics mean finance will have to embed fewer team members within business units: KPMG "Future of Finance" report.
Intelligent assistants can provide value in a number of ways, but there are assorted challenges in developing and deploying them.
The PCAOB’s criticism came in its 2017 inspection report for the firm.
Technological advancement also promises huge strides for many industries but perhaps a dire fate for others, a futurist tells accountants and auditors.
The sudden failure of U.K. construction firm Carillion exposes the limits of public company auditing and sparks discussion of reforms.
“Some lean in to change, aren’t frightened by it, and in that context are learning robotics to make themselves more productive.”
Robotic process automation emerges from the back office to take on core finance tasks.
The decision "could turn out to be almost as significant for American businesses as the recent rewrite of the U.S. federal tax code."
The firm admitted its audits of scandal-plagued Quindell plc fell “significantly short” of professional standards.
Lawmakers have labeled the four firms a “cozy club incapable of providing the degree of independent challenge needed” for auditing public companies.
