Rob Valdez, CPA, CISA, CISM

TXCPA’s Professional Standards Committee provided feedback to the AICPA Auditing Standards Board on the proposed Statement on Auditing Standards, The Auditor’s Responsibilities Relating to Fraud in an Audit of Financial Statements. The committee expressed support for many of the enhancements while highlighting concerns about scalability for smaller practitioners. Read more: https://bit.ly/47NZrTv #ProfessionalStandards #PSC #AICPA #Auditing #Fraud #Taxfraud

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"Everyone is talking about using AI to save time, but I encourage folks to think about how it can improve quality." – Jin W. Chang, CEO, Fieldguide Technologies A short but incredibly insightful interview by CPAPracticeAdvisor at #ENGAGE25 that’s worth your time. 🎯 Why is 2025 a big leap forward for AI in audit and assurance? Because we’re entering the era of AI agents — not just chatbots. Unlike traditional AI tools that need a prompt for every task, AI agents can work autonomously towards an objective. They take instructions, make decisions at every step, and even interact with applications via APIs. This means they’re not just smart—they’re actionable. 🤖 What does this look like in practice? Imagine assigning an audit procedure to an agent and watching it: 📌 Perform UEC 📌 Define objectives 📌 Assess risk 📌 Build a testing plan 📌 Draft LOR 📌 Review documents And even conclude on assertions All with human supervision, but minimal human input. 🚀 AI isn’t just helping us go faster—it’s helping us go smarter. #ENGAGE2025 #AuditTech #AICPAENGAGE2025 #ArtificialIntelligence #AIAgents #FutureOfAudit #AIinAccounting #AssuranceInnovation #Fieldguide #DigitalTransformation #AccountingTech #CPAInnovation #AuditAutomation #RiskManagement #AIQuality #FintechInnovation Interview source: CPAPracticeAdvisor Interview Link: https://lnkd.in/g8h3erWD

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Not all SOC reports are created equal. In this episode of SOC Simplified, Pat Nester and Dev Doiron break down what separates a strong SOC 1 or SOC 2 report from the rest. From choosing a licensed AICPA firm to understanding the value of relevant industry experience, we cover what you need to know to get the most out of your next SOC engagement.

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How #auditors can apply a #forensic-like approach to fraud https://ow.ly/vUll50W0LFU via Journal of Accountancy "Professionals with forensic and fraud expertise share techniques auditors can use when completing AU-C Section 240 requirements." #accountingfirm #accounting #accountants #forensicaccounting #payroll

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Audit transformation is accelerating, and firms are moving from curiosity to real implementation. Join Emily A. Remington, CPA, CGMA, PSA of CPA.com and Will Hill of Will Hill Consults as they unpack the momentum in audit technology, the human side of change and what firms need to build a modern, future-ready audit practice. You’ll also get a first look at this year’s expanded Audit Track at the #DigitalCPA Conference and why it’s the place for firms ready to lead what’s next.

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🔍 Turning audit gaps into action, quick and clear Let’s be honest, assessments can feel like a chore. You're tracking internal audits, updating your SOA, and chasing remediation steps. All manually. That’s where Hailey AI steps in. In this quick demo, Caleb Cheng, our Senior Presales Engineer at 6clicks, shows how Hailey helps you: ✅ Spot non-compliance with specific framework requirements ✅ Recommend next steps, such as creating a risk or issue ✅ Link to existing risks or generate new ones with the right context You get instant, intelligent suggestions without the guesswork. 🎥 Check out how one assessment turns into real action with just a few clicks. https://hubs.li/Q03v8Hw80 #CyberGovernance #RiskManagement #AuditAutomation #ISO27001 #HaileyInAction #6clicks #ComplianceSimplified

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