Audit Inspections: Improvement? Maybe. Costs? Yes.
Image: Five years of increasingly rigorous PCAOB inspections have driven audit firms to improve their efforts at scrutinizing corporate financial statements and internal control. Companies receiving that pressure say the heightened scrutiny is clear; the question is whether it is making audits better, or just bigger and more expensive. “Companies ...
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OpinionSOX was built for humans. AI doesn’t fit that model.
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