Amid concerns from some investors, including Michael Burry, OpenAI's (OPENAI) U.S. auditor is one of the Big 4 firms, the Financial Times reported. The ChatGPT maker, which has come under scrutiny in ...
Business auditing is undergoing a major transformation. While financial accuracy and regulatory compliance remain front and center, auditors are increasingly taking advantage of artificial ...
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 ...
Double materiality is quickly changing how businesses think about sustainability. While traditional materiality focuses on how environmental, social and governance (ESG) issues affect a company’s ...
STAMFORD, CT--(BUSINESS WIRE)--Philip Morris International Inc. (NYSE: PM) today published its 2025 Sustainability Materiality Report, presenting the results of its latest global sustainability ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
The King County Auditor found that lax financial oversight at the Department of Community and Human Services allowed potential fraud and numerous improper payments to contractors for four youth ...
This article provides an overview of materiality’s important role in false and deceptive advertising law, centered around the role of consumer surveys. It explains the legal requirements for ...
The AICPA Auditing Standards Board (ASB) issued for public comment a proposed standard addressing the auditor’s responsibilities relating to fraud. The ASB voted in May to issue the exposure draft of ...
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