Audit

Australia’s Big Banks Defend Spending Millions On Outside Auditors

Australia’s Big Banks Defend Spending Millions On Outside Auditors
Australia’s Big Banks Defend Spending Millions On Outside Auditors
August 05, 2019  |  Legal & Regulation

Australia’s four biggest banks, along with large accounting firms, have joined forces to defend the use of independent audit firms as consultants. Get the Full...

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Big Four Accountancies Fail UK Audit Test
Big Four Accountancies Fail UK Audit Test
July 11, 2019  |  B2B Payments

All of the U.K.’s so-called Big Four accountancy firms — KPMG, PwC, EY and Deloitte — have reportedly failed to reach audit quality standards set...

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In Payments Fraud, A Crypto Scam
In Payments Fraud, A Crypto Scam
June 14, 2019  |  B2B Payments

It’s not just about invoices and BEC.  In one recent example, payments fraud reached into the crypto realm – and a publicly listed company.  Elsewhere,...

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PwC: Next Auditing Giant To Overhaul Business
PwC: Next Auditing Giant To Overhaul Business
June 06, 2019  |  B2B Payments

PricewaterhouseCoopers is the next Big Four U.K. auditing giant to overhaul operations amid growing regulatory scrutiny on the industry. Get the Full Story Complete the...

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New Fears Over China’s Regional Banks As EY Quits
New Fears Over China’s Regional Banks As EY Quits
June 04, 2019  |  B2B Payments

China’s community banks are raising new fears over the health of the industry after auditor Ernst & Young resigned from its work with regional bank...

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Chinese Firms Missing $6B In Cash
Chinese Firms Missing $6B In Cash
May 20, 2019  |  B2B Payments

Regulators are taking action after more than $6 billion in cash has disappeared from the books of two Chinese companies, according to Nasdaq reports on...

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Alexa Team Might Be Able To Find A User’s Home Address
Alexa Team Might Be Able To Find A User’s Home Address
April 25, 2019  |  Alexa

A new report has revealed that an Amazon team auditing Alexa commands might be able to find a customer’s home address in a matter of...

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AppZen Taps AI To Catch Invoice Payment, Contract Errors
AppZen Taps AI To Catch Invoice Payment, Contract Errors
March 28, 2019  |  B2B Payments

Automated expense report auditing company AppZen is introducing a new spend auditing platform to analyze supplier invoices using artificial intelligence (AI). Get the Full Story...

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