The strategic role of confirmations in audit compliance

Navigating the complex landscape of U.S. audit regulations has become increasingly challenging for audit professionals. With evolving standards from the Public Company Accounting Oversight Board (PCAOB), heightened scrutiny around documentation requirements, and emerging risks like cybersecurity threats, audit teams face mounting pressure to stay compliant while maintaining efficiency. The stakes have never been higher — regulatory missteps can result in significant penalties, damaged reputations, and lost client trust.

In this environment, clarity and verification are more than operational needs — they’re strategic assets.

To dig deeper, visit the original article on the Thomson Reuters blog.