The PCAOB’s 2025 inspection of EY found significant deficiencies in 5% of the audits it examined, down from 28% in 2024.
Auditing is undergoing a seismic shift, largely driven by the relentless march of technology. Driven by many of the same pressures and challenges facing the industry, auditors are moving away from ...
The widespread use of information technology (IT) can introduce various risks that affect financial reporting and the audit process. To assist auditors in identifying and addressing these risks, the ...
In today's globalized business landscape, with ever-increasing regulatory scrutiny, group audits have become increasingly complex. Emerging technologies are revolutionizing the group audit process ...
Remember finding out you could use a calculator for your high school algebra test? A calculator can do some amazing things with numbers, but the thing is, you still had to input the correct numbers ...
As AI becomes core banking infrastructure, model governance is shifting from periodic validation to continuous assurance. Who should audit the algorithms?