Ernst & Young plans to invest $1 billion in next-generation assurance technology for its audit teams around the world to leverage as part of an overall $2.5 billion four-year commitment. Processing ...

The American Institute of CPAs’ Auditing Standards Board has released a new standard for audit evidence for private companies, updating the existing standards in recognition of the increasing role ...

BDO’s second annual Audit Innovation Survey, released today, finds that the use of advanced technologies in the audit has crossed from cautiously experimental to increasingly mature. The research also ...

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 ...

The profession now has a clear path toward achieving long-standing goals, including improved accuracy and more meaningful ...

Technology has been transforming audits for years, and that trend will only accelerate with the Statement on Auditing Standards (SAS) No. 142, Audit Evidence, which took effect on Dec. 15, 2022. SAS ...

Not long ago, audits could be performed only by teams of accountants manually scouring reams of financial information. But given the explosion of data in today’s digital world, it’s critical that the ...

The field of public auditing could undergo a significant transformation as new technologies emerge to reshape how audits are conducted and presented. These innovations are not only increasing ...

There is a tremendous amount of new technology available these days, and the list is constantly growing. While technology access and options might be the greatest in the history of farming, ...