Month: August 2023

Responding to Security and Exchange Commission Proposing Release: Amendments to PCAOB Auditing Standards related to a Company’s Noncompliance with Laws and Regulations And Other Related Amendments

Yigal Rechtman, Principal Author, New York State Society of CPAs, August 2023 The New York State Society of Certified Public Accountants (NYSSCPA), representing more than 19,000 CPAs in public practice, industry, government and education, welcomes the opportunity to comment on the above-captioned invitation to comment (ITC). The NYSSCPA’s Auditing Standards Committee deliberated the exposure draft […]

Can Artificial Intelligence Become an Accounting Expert?

News & Views, CPA Journal, September 2023 Artificial Intelligence (AI) traces its origin to antiquity, when humans attempted to use formal reasoning to predict the future of events. Today, AI has made great progress in perceiving, synthesizing, and inferring data in contexts by a machine-learning mechanism. The applications of AI are many and varied—from self-driving […]