Accounting June 28, 2025
Nominations Open for 2025 Innovation Awards
The Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.
Auditing July 25, 2025
Wolters Kluwer Unveils Next-Gen CCH Validate Confirmation Solution
CCH Validate reimagines bank confirmations, putting auditors in full control to obtain confirmations with unprecedented speed. Leveraging advanced technologies—including blockchain for tamper-proof assurance—it enables 100% bank statement retrieval from banks worldwide.
Auditing July 23, 2025
PCAOB Revokes Hong Kong Accounting Firm’s Registration, Bars Managing Partner
Centurion ZD CPA & Co. and its owner Chan Kam Fuk were sanctioned for violating U.S. auditing and quality control rules and standards related to audits of companies based in China, including Chinese coffee chain Luckin Coffee Inc.
PCAOB July 22, 2025
George Botic Takes Over as Acting Chief of the PCAOB
The SEC has named George Botic acting chair of the Public Company Accounting Oversight Board, effective July 23, following last week's resignation of Erica Williams, whose last day as PCAOB chair is Tuesday.
Accounting July 17, 2025
Wolters Kluwer Launches New TeamMate+ Controls Capabilities
The solution, supported by new capabilities, is designed to empower Internal Controls and Assurance professionals with greater flexibility and insights.
Technology July 16, 2025
Deloitte Expands GenAI, Agentic AI Capabilities for Its Auditors
Deloitte has rolled out a series of new artificial intelligence capabilities within its global cloud-based audit and assurance platform, Omnia, designed to evolve the audit process.
PCAOB July 15, 2025
Erica Williams Resigns as PCAOB Chair
Williams will step down as chair of the Public Company Accounting Oversight Board on July 22 after she reportedly was asked to resign by SEC Chairman Paul Atkins.
Auditing July 15, 2025
Three Accounting Firms Got in Trouble for Breaking PCAOB Rules
The three firms censured and fined by the PCAOB on July 11 for violating U.S. auditing rules and standards were Goldman & Co. CPAs ($25,000), Raymond Chabot Grant Thornton in Canada ($30,000), and PWR CPA ($60,000).
Accounting August 14, 2025 Sponsored
CPE Webcast: Smarter Audits, Less Chaos: Building Future‑Ready Audit Workflows with AI and Integration
When your teams are caught in a grind of manual tasks, fragmented tools, and version-control headaches, chaos often ensues. But there’s a smarter way.
Auditing July 10, 2025
PCAOB Fines Illinois Firm $50,000 Over Failures in 17 Broker-Dealer Audits
Michael Coglianese, CPA PC was censured and fined $50,000 July 10 for violating U.S. auditing rules and standards in connection with 17 audit and attestation engagements for SEC-registered brokers and dealers.
Accounting July 10, 2025
Audit Sight Launches Management Meeting Module for Transaction Advisory Teams to Accelerate Deal Cycles and Surface Key Insights
Audit Sight, the AI technology platform transforming audit and transaction advisory services (TAS), has announced the release of its latest innovation: the Management Meeting Module.
Accounting July 8, 2025
Hiding in Plain Sight: 5 Red Flags for Occupational Fraud
The key lies in empowering accounting professionals with tools that match the sophistication of modern business operations while remaining simple enough for practical implementation.
Auditing July 7, 2025
PCAOB Shares Good Practices for Auditors on Engagement Acceptance
This edition of "Audit Focus" highlights key reminders for auditors of small public companies or brokers and dealers on engagement acceptance and why it's a critical part of the audit process.