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News
Most Auditors Using AI Without a Formal Strategy, Study Shows
3+ day, 8+ hour ago (81+ words) news.bloomberglaw.com Auditing teams are leveraging AI but many do not have a formal use strategy in place for the technology, a Gartner survey found. About 93% of 161 chief audit executives reported some level of AI use, according to a…...
Grant Thornton UK Audits FTSE 100 Firm for First Time Since 2024
1+ week, 5+ day ago (102+ words) Bloomberg Law News Grant Thornton UK has picked up an FTSE 100 audit client for the first time in two years, meaning three mid-sized firms are now among the auditors of the 100 biggest listed UK companies. Grant Thornton joined BDO and…...
Accounting Board Newcomer Prioritizes Streamlining US Guidance
1+ week, 6+ day ago (712+ words) The US accounting board’s newest member says she will prioritize corporate and investor feedback as the rulewriter takes up some of the most pressing topics in financial reporting, from crytocurrency to private credit. Nearly two months into her tenure on…...