Audit stories

Audit firms embed AI in core workflows as new research shows rising adoption is matched by stricter validation, governance and training controls.

UK CIOs embed AI agents in critical workflows but lack real-time oversight as board pressure mounts for provable returns and tighter audits.

Trust tech firm Drata opens San Francisco HQ after hitting USD $100m ARR, eyeing deeper ties with security buyers and partners.

Gigamon has named Vizst its 2025 EMEA Partner of the Year, underscoring a deeper channel push around deep observability and cloud security.

A new foundation has launched to study how AI is transforming real-world accounting and finance work, from tax and audit to advisory.

Finternet Labs and Avalanche launch India agriculture tokenisation pilot, eyeing a wider TradeFi market worth up to $10 billion.

Datapay links with ELMO in New Zealand to sync HR and payroll data, targeting employers with complex compliance and governance needs.

Fireblocks deepens its Thales tie-up to keep bank crypto keys in customer-owned HSMs, tightening control, compliance and resilience.

Sixthfin debuts Closing in the UK, an AI-enabled tool to automate period-end account reconciliation and tighten financial close controls.

Cloudhouse launches Drift Detection Audit for banks, targeting hidden configuration changes blamed for outages and rising resilience risk.

Fieldguide secures USD $75m Series C from Goldman Sachs to scale agentic AI for audit firms, lifting its valuation to USD $700m.

AI use in Australian payroll soars to 77%, yet more than a third of employers still doubt they are consistently paying staff correctly.

VEON will use MindBridge AI to scrutinise all financial transactions in real time, replacing traditional sample-based internal audits.

US mid-market CFOs eye AI to free time for strategy but say adoption hinges on strict human oversight and verifiable audit trails.

Ricoh’s CloudStream service has achieved SOC 2 Type II audit status, bolstering its cloud security credentials for regulated industries.

AppOmni study finds average SaaS breach costs USD $1.365m, as customers report big time savings, fewer audit issues and faster detection.

FloQast surpasses $200m ARR and strikes EY AI alliance as it targets enterprise finance transformation and global expansion.

Manual compliance is throttling security teams, as RegScale finds delays, staff strain and patchy automation in most large organisations.

Codific urges boards to prioritise preemptive cyber defence, identity and supply-chain control as 2026 scrutiny and rules tighten.

Unit4 marks 100th ERPx go-live, ramps up AI learning and security as more public and private sector customers move to its cloud ERP.