The PCAOB is a nonprofit corporation reporting to the SEC that inspects audit work performed by registered accounting firms, such as KPMG. Annually, the PCAOB inspects the largest accounting firms.

Big Four firm KPMG announced that it has built several new AI agents into its global smart audit platform Clara, with plans to develop more in the future. While the precise definition can vary ...

The move follows several rounds of KPMG cuts in the U.S., including an audit-centric round in March. Last year, KPMG laid off ...

The deployment of AI agents into KPMG Clara will empower more than 95,000 auditors globally to continue enhancing audit quality and deliver deeper insights to clients while increasing productivity.