While intern season is wrapping up and interns are shedding tears over a lack of […]
Category: Audit
The PCAOB Won’t Be Wagging Their Disappointed Finger at Big 4 Firms This Year
After several years of inspection reports full of deficiencies and many attempts at public shaming […]
Firms (and Some Guy Obsessed With China) Have Weighed in on the PCAOB Turning an Eye to AI
The comment period for PCAOB Release No. 2026-005 Request for Public Comment on PCAOB Standard […]
Audit Leaders Currently in the “Throw AI at the Wall and See What Sticks” Phase
Gartner has released some numbers on AI usage they harvested from audit professionals and the […]
Grant Thornton Wants to Get Back on the Audit A Team
As Financial Times originally reported and we covered in early 2024, Grant Thornton UK got […]
Congratulations to This Tiny 673-Person Town on Earning a Spot in Future Fraud Training Slides
Wow, we haven’t seen crazy unauthorized city spending like this since Rita Crundwell, except instead […]
Note to PwC Partners: Don’t Tell Reporters You Plan to Divorce Your Wife to Hide Assets After an Audit Scandal
Welp there goes at least one PwC partner’s plan to divorce his spouse to protect […]
The One Firm Willing to Audit Madison County’s Books Just Said “On Second Thought, Hell Nah”
All across the country, municipalities are scrambling to catch up on late audits that have […]
FRC To Determine Whether Missing a £30 Million Overstatement Was, In Fact, Bad Auditing
The Financial Reporting Council announced today that they’re officially investigating PwC UK’s 2024 audit of […]
The Department of War Broke Up with KPMG, KPMG Gives Up Federal Audits Altogether (UPDATED)
This post was originally published on April 29, 2026 and updated on June 3, 2026. […]
Starbucks Kills Off Its Automated Counting AI Tool After Just 9 Months Because It Sucked at Counting Beans
While people outside of the accounting profession continue to smugly insist that accountants will be […]
KPMG Plans to Hand Routine Testing Off to AI
Did you happen to see this WSJ article from the other day? In “In This […]