PwC Australia has initiated a global pilot programme that will see its clients transition to a $1bn (A$1.53bn) AI-native audit platform. The platform is designed to streamline the audit process, ...

As turnover of auditors increases, an accounting firm’s ability to deliver timely, accurate and effective audits declines — and so does overall client service — according to new research from the ...

The U.S. firm of PricewaterhouseCoopers plans to stop offering some types of consulting services to its SEC-registered audit clients to provide greater independence, and will cut the compensation of ...

Ernst & Young expects to achieve its lowest U.S. auditing shortfall rate in 16 years after working to improve its practices by shedding dozens of audit clients, setting up centralized support teams ...

Ernst & Young said it is cutting ties with many U.S. public companies as audit clients, a move to revamp its audit practice and improve the quality of its work. Eighty-four public companies exited EY ...

Deloitte was the only Big Four audit firm to net positive in new public company clients in 2022, while Marcum saw the largest overall gains a year removed from losing 110 clients, according to the ...

The Public Company Accounting Oversight Board on Thursday approved a tightening of requirements around how audit firms obtain and verify outside evidence on their ...