As EY rolls out an enterprise-scale multi-agent AI framework across 160,000 global engagements, the era of manual audit sampling is under threat. We analyze what a multibillion-dollar shift toward ...
Recent rapid evolution in the technology space has led to significant shifts and new considerations for the audit profession as well. IT audit and assurance professionals can arm themselves with new ...
For decades, California lawmakers requested state audits, Californians have paid for those audits, and the State Auditor provided detailed recommendations on how to fix waste, fraud, and oversight ...
For more than a decade, the California State Auditor has issued warnings to lawmakers about government waste, fraud, cost overruns, and broken oversight systems across state government. Again and ...
A U.S. Air Force weapons load crew assigned to the 33rd Aircraft Maintenance Squadron loads a live AIM-120 advanced medium-range air-to-air missiles (AMRAAM) into an F-35A January 31, 2017, at Eglin ...
A new report from CPA.com and the AICPA creates a snapshot of what a typical audit firm transformation looks like, based on feedback from 54 U.S. firms of various sizes and maturity levels. “By ...
Big Four firm PwC estimates that, at the rate it's developing new solutions for its audit professionals, complete end-to-end integration of AI in the audit cycle is about one year away. Processing ...
After more than 10 years of sounding alarms about the dangers of having internal audit report administratively to the chief financial officer, I must grudgingly concede my warnings have fallen on deaf ...