Oracle and PwC team up to offer IFRS 9 compliance expertise
Oracle Financial Services Analytical Applications and PwC have announced a global collaboration to offer technology, implementation, and consulting solutions to help financial institutions meet near-term and ongoing compliance with the International Accounting Standards Board’s new IFRS9 and FASB’s proposed CECL reporting standards.
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Oracle helps global companies manage tax reporting
Oracle announced a new finance cloud solution, Oracle Tax Reporting Cloud Service, that helps companies operating in multiple countries to meet complex taxation requirements and regulatory reporting standards imposed by each country.
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PremiumU.K. financial regulator looks to streamline audit enforcement procedures
Auditors are supposed to keep businesses honest, but how much regulation is the optimum for the auditors – and how onerous and punitive should the enforcement regime be? A new consultation by the U.K. regulator, the Financial Reporting Council, opened on Oct. 1 and has put the vexed question of ...
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ArticlePCAOB’s Christina Ho: How emerging technologies could improve audit quality
Emerging technologies, like artificial intelligence (AI) and advanced data analytics, can improve audit quality in significant ways. As the regulatory overseer of public-company audits, the Public Company Accounting Oversight Board (PCAOB) has a critical role to play by ensuring that its audit standards evolve as the audit profession evolves.