U.S. professional body for certified public accountants; sets auditing and ethics standards, including the Trust Services Criteria behind SOC 2 reports.
The AICPA issued a two-part practice aid on Tuesday on AI in clients' financial reporting and in auditors' own tools. Section two makes engagement partners responsible for confirming that AI tools are firm-approved and used correctly by staff.
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AICPA and NC State found 69% of 331 executives say risk complexity rose significantly in five years, but only 11% see risk management as an advantage. Just 29% have a formal risk appetite for strategic planning.
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AICPA, ASA and RICS will take comments until Dec. 22, 2026 on a principles-based successor to the Mandatory Performance Framework. Its name drops the word 'Mandatory', so valuers now have to work out which of the old document's requirements still bind.
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AICPA compliance manager Taryn Bauer says CPA candidates may discuss blueprint topics but not the specifics of exam items. Her answer follows an AICPA lawsuit against a candidate over alleged exam disclosures on Discord.
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Newsom signed AB 1405 on September 9, giving California's Government Operations Agency until 2029 to publish a registry of AI auditors, complete with registration numbers, annual fees and independence rules for anyone selling a covered audit.
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The Stable Token Commission has wired an outside examiner's numbers into a Chainlink feed that updates between reports, setting a transparency cadence private issuers did not choose and cannot easily price.
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Roughly 75% of CPAs retire within 15 years and up to 40,000 practices need new owners, while private equity absorbed about 875 firms in a decade. Sellers are the abundant side.
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The AICPA's change-management criterion asks whether changes are authorized, tested and approved, not whether a second engineer clicked approve. Amp says its auditors agreed.
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