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Broker-dealer audit deficiency rates remain high

Accounting Today

EDT 1 Min Read Facebook Twitter LinkedIn Email The Public Company Accounting Oversight Board reported that deficiency rates remain high across examination, review and audit engagements for auditors of broker-dealers. Finally, audit engagement deficiencies increased across all firms.

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UK watchdog probes Deloitte audit of collapsed fintech

Accounting Today

The Financial Reporting Council is probing several audits carried out by Deloitte and U.K. We remain committed to the highest standards of audit quality." Donal Griffin and Jonathan Browning Bloomberg News Audit Deloitte U.K. EDT 2 Min Read Facebook Twitter LinkedIn Email Deloitte branding Andrey Rudakov/Bloomberg The U.K.s

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Intuit debuts AI agents for QuickBooks

Accounting Today

The company demonstrated the products at an event in New York this week. The AI agents will also work alongside human experts at Intuit to give businesses extra support.

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IRS FIRE's going out for 2027 tax season

Accounting Today

Author Login Subscribe ACCOUNTING Accounting Accounting standards International accounting ESG CAS Accounting Accounting standards International accounting ESG CAS TAX Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International (..)

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Is your firm overpaying for external hires?

Accounting Today

My firms compensation data, collected in 2024 and 2025, shows that accounting firms paid 7% more to bring in outside senior analysts in tax and audit than they paid internal staff in the same positions. With accounting talent in short supply, many firms are paying a premium for external hires instead of promoting their internal talent.

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RSM announces $1B agentic AI investment

Accounting Today

By Michael Cohn 5h ago Audit Climate risk could slash earnings 7% by 2035 Extreme weather events like wildfires and hurricanes could drop corporate earnings up to 7.3% by 2035, KPMGs 2025 Futures Report found.

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SEC taps new chief accountant

Accounting Today

Hohl has close to 40 years of accounting and auditing experience. In 2023, he founded Corallium Advisors, which helps businesses with auditing, regulatory compliance, risk management, and initial public offerings. Acting chief accountant Ryan Wolfe will be returning to his role as chief accountant in the Division of Enforcement.