Caseware launches AI agent to automate audit risk assessment
Caseware's new Verity-powered Risk Suggestion Agent uses engagement data and documents to automate initial risk identification for auditors, streamlining audit planning.
Big 4 & AI — News & Strategy
How Deloitte, PwC, EY, and KPMG are deploying AI across audit, tax, and advisory — staff restructuring, technology investments, AI partnerships, and competitive moves in the profession.
The Wire
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Top 20 CPA Firm Citrin Cooperman Acquires AI Consultancy Rosetree
Citrin Cooperman, a top 20 accounting firm, acquired Dallas-based AI consultancy Rosetree Solutions to expand its AI deployment capabilities for client businesses.
Citrin Cooperman acquires AI consulting firm to expand AI services
Top 25 accounting firm Citrin Cooperman adds AI consulting capability via acquisition, bringing enterprise-grade AI implementation to mid-market clients previously priced out of such services.
EY cuts audit deficiencies to 5% with AI agents; firms must rethink staffing
Blake Oliver and David Leary explore how AI agents are reshaping accounting firms: EY reduced audit deficiencies from 28% to under 5%, pay rises for AI-exposed roles counter replacement fears, and ...
KPMG launches incubator for AI-native accounting startups
KPMG's new Client Technology and Innovation group will develop and spin out AI-native businesses as independent startups, signaling big-4 bet on automated accounting solutions.
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PwC implements human oversight guardrails for AI audit deployment
PwC establishes control measures and human oversight for its expanding AI use in audit work, balancing automation benefits with risk management.
RSM Partners with Rillet to Deploy Agentic Finance Systems
RSM, a Big 4 accounting firm, partners with Rillet to deploy agentic AI for modernizing fragmented finance systems and strengthening data controls.
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AICPA and former IRS chief launch council to manage AI risks in tax
AICPA partners with ex-IRS Commissioner Danny Werfel to establish Council on AI Tax Risk, addressing information integrity and accountability as AI adoption in tax accelerates.
Thomson Reuters, Suralink Partner on AI-Powered Audit Workflows
Thomson Reuters integrates Suralink collaboration platform with CoCounsel Tax, Audit & Accounting to automate client engagement in audit workflows.
KPMG deploys tax simulator to train AI-ready staff
Big 4 firm KPMG uses tax simulation technology to upskill workforce for AI-driven era, preparing professionals for automated compliance and advisory roles.
RSM launches AI-guided internal audit platform Beacon with Andera
RSM and Andera partner to launch Beacon, an AI-driven control testing platform for internal auditors, bringing agentic automation to a core audit function.
EY Expands AI Use in Audits, Retrains Staff as AI Developers
Ernst & Young scales AI adoption across global audit practice, transforming auditors into AI developers to enhance thoroughness and client service.
CLA trains proprietary AI model on client accounting data via Digits partnership
CLA, a top-10 US accounting firm, is investing in a three-year build with Digits to train a proprietary AI model on its client accounting practice, capturing transaction judgments to create reusabl...
Aprio partners with Fieldguide to build AI agents for audit workflows
Aprio, a $681M accounting firm, expands collaboration with Fieldguide to develop role-specific AI agents for financial audits across planning, fieldwork, and reporting phases.
Deloitte launches ControlCatalyst.AI for audit risk identification
Deloitte debuts ControlCatalyst.AI, an AI tool designed to automate risk identification and enhance audit quality through smarter insights and resource optimization.
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Aprio and Fieldguide deploy agentic AI to transform audit workflows
Aprio partners with Fieldguide to integrate agentic AI into audit processes, expanding a pilot program that began in 2023 into a full platform agreement.
PwC's AI-generated leadership reports riddled with hallucinations
PwC's AI systems are producing hallucinated leadership reports with fabricated details and false information, exposing risks in deploying large language models for audit and compliance work without...
KPMG partners with OpenAI to build headless enterprise software for accounting
Big 4 firm KPMG and OpenAI announced a strategic alliance to develop enterprise software where AI becomes the primary interface, positioning AI agents as the core work surface for accounting and fi...
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CliftonLarsonAllen builds proprietary AI model with Digits for accounting aut...
Top 20 firm CliftonLarsonAllen partners with Digits to develop a custom AI model, launching first in its Cloud Accounting & Advisory Services practice to automate internal workflows.
CliftonLarsonAllen builds proprietary AI model with Digits for client deployment
Top-15 accounting firm CliftonLarsonAllen partners with Digits to develop a custom AI model for deployment across thousands of clients within three years.