The Public Company Accounting Oversight Board has published new agendas for its standard-setting and research activities following a public comment period. The plans cover topics such as auditor independence, fraud, and the use of new technologies in auditing. Big Four firms submitted comment letters urging the board to adopt a flexible approach to artificial intelligence standards. KPMG and PwC recommended creating a dedicated task force, while EY warned against overly prescriptive rules that could hinder innovation.
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