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Audit
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US Regulators Plan to Roll Back Post-Enron Audit Reforms
The plan is to further limit audit requirements that were imposed following the Enron scandal.
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FT analysis: AI is exciting audit firms like KPMG and EY, but may be too much as human oversight is still needed
Financial Times analysis suggests that while firms such as KPMG and EY are rapidly adopting AI technology, the excitement might be excessive as human involvement remains necessary.
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End of the USDT "Black Box" Era? Tether Undergoes First Full Audit by KPMG, Reserve Transparency Enhanced
Tether, the world's largest stablecoin issuer, announced on August 13, 2026, that its subsidiary, Tether International, S.A. de C.V., has successfully completed its first full independent audit of financial statements as of December 31, 2025, receiving an "unqualified opinion" from KPMG U.S. This audit is considered a significant milestone in Tether's transparency efforts, with a deeper and broader scope compared to previous quarterly attestation reports, covering the complete balance sheet and internal controls. Although the full audit report has not yet been made public, this move aims to address long-standing questions regarding the transparency of its reserves. As of June 30, 2026, Tether's reserve buffer stood at $4.11 billion, and USDT's market capitalization has exceeded $183 billion.
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BRG appoints Barbara Vanich as MD of Financial Institution Advisory practice
US-based consulting firm BRG has appointed Barbara Vanich as managing director within its Financial Institution Advisory practice. Vanich will counsel clients on auditing and accounting matters, drawi
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Hong Kong courts have ruled that Evergrande's liquidators can globally pursue PwC for its role in Evergrande's collapse, a move that could threaten the global partnership network model of the Big Four auditing firms.
Hong Kong courts have ruled that Evergrande's liquidators can globally pursue PwC for its role in Evergrande's collapse, a move that could threaten the global partnership network model of the Big Four
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Upbit will suspend deposits and withdrawals of some digital assets starting from August 31, 21:00, for balance auditing.
Upbit will suspend deposits and withdrawals of some digital assets starting from August 31, 21:00, for balance auditing.
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BitMart Founder Sheldon Lee Rejects Audit Demands, Claims X Account Alleging Frozen User Funds and Unpaid Employee Salaries Was Hacked
BitMart founder Sheldon Lee has rejected calls for an audit of the exchange, stating that the Chinese X account that made the accusations—including frozen user funds and unpaid employee salaries for J
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Tether announced that KPMG U.S. has completed an independent audit of its fiscal year 2025 financial statements and issued an unqualified opinion, confirming its reserves exceed liabilities by $6.814 billion.
Tether announced on August 13, 2026, that KPMG U.S. has successfully completed the audit of the financial statements of its subsidiary, Tether International, S.A. de C.V., for the fiscal year ended De
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UK Financial Reporting Council's latest audit quality review suggests industry consolidation, says CPIA
The UK's Financial Reporting Council (FRC)'s latest audit quality review suggests a need for consolidation within the audit industry, according to comments from the CPIA.
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TRX’s Financial Transparency and Auditing Issues: A Dual Perspective from Cryptocurrency and Mining Companies
The abbreviation “TRX” may refer to different entities, the most well-known of which are the TRON (TRON) blockchain and its native token, TRX, as well as a gold mining company called TRX Gold Corporation. This article will examine the financial transparency and auditing practices of these two entities separately.TRON (TRON) has a massive stablecoin supply, but as a decentralized project, its financial auditing model differs from that of traditional companies. TRX Gold Corporation, on the other hand, as a publicly traded company, must adhere to strict financial reporting and auditing standards and has published its latest audit report, which mentions improvements to internal controls.
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Kraken's Parent Company Wins $22 Million Arbitration Case Against Audit Firm Mazars
Svmuu News: Payward, the parent company of Kraken, has prevailed in arbitration against its former auditor, Mazars USA, with the arbitrator ruling that Mazars must pay Payward $22 million. Payward is
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US Regulators Plan to Roll Back Post-Enron Audit Reforms
The plan is to further limit audit requirements that were imposed following the Enron scandal.
-
FT analysis: AI is exciting audit firms like KPMG and EY, but may be too much as human oversight is still needed
Financial Times analysis suggests that while firms such as KPMG and EY are rapidly adopting AI technology, the excitement might be excessive as human involvement remains necessary.
-
BRG appoints Barbara Vanich as MD of Financial Institution Advisory practice
US-based consulting firm BRG has appointed Barbara Vanich as managing director within its Financial Institution Advisory practice. Vanich will counsel clients on auditing and accounting matters, drawi
-
Hong Kong courts have ruled that Evergrande's liquidators can globally pursue PwC for its role in Evergrande's collapse, a move that could threaten the global partnership network model of the Big Four auditing firms.
Hong Kong courts have ruled that Evergrande's liquidators can globally pursue PwC for its role in Evergrande's collapse, a move that could threaten the global partnership network model of the Big Four
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Upbit will suspend deposits and withdrawals of some digital assets starting from August 31, 21:00, for balance auditing.
Upbit will suspend deposits and withdrawals of some digital assets starting from August 31, 21:00, for balance auditing.
-
BitMart Founder Sheldon Lee Rejects Audit Demands, Claims X Account Alleging Frozen User Funds and Unpaid Employee Salaries Was Hacked
BitMart founder Sheldon Lee has rejected calls for an audit of the exchange, stating that the Chinese X account that made the accusations—including frozen user funds and unpaid employee salaries for J
-
Tether announced that KPMG U.S. has completed an independent audit of its fiscal year 2025 financial statements and issued an unqualified opinion, confirming its reserves exceed liabilities by $6.814 billion.
Tether announced on August 13, 2026, that KPMG U.S. has successfully completed the audit of the financial statements of its subsidiary, Tether International, S.A. de C.V., for the fiscal year ended De
-
UK Financial Reporting Council's latest audit quality review suggests industry consolidation, says CPIA
The UK's Financial Reporting Council (FRC)'s latest audit quality review suggests a need for consolidation within the audit industry, according to comments from the CPIA.
-
Kraken's Parent Company Wins $22 Million Arbitration Case Against Audit Firm Mazars
Svmuu News: Payward, the parent company of Kraken, has prevailed in arbitration against its former auditor, Mazars USA, with the arbitrator ruling that Mazars must pay Payward $22 million. Payward is
-
End of the USDT "Black Box" Era? Tether Undergoes First Full Audit by KPMG, Reserve Transparency Enhanced
Tether, the world's largest stablecoin issuer, announced on August 13, 2026, that its subsidiary, Tether International, S.A. de C.V., has successfully completed its first full independent audit of financial statements as of December 31, 2025, receiving an "unqualified opinion" from KPMG U.S. This audit is considered a significant milestone in Tether's transparency efforts, with a deeper and broader scope compared to previous quarterly attestation reports, covering the complete balance sheet and internal controls. Although the full audit report has not yet been made public, this move aims to address long-standing questions regarding the transparency of its reserves. As of June 30, 2026, Tether's reserve buffer stood at $4.11 billion, and USDT's market capitalization has exceeded $183 billion.
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TRX’s Financial Transparency and Auditing Issues: A Dual Perspective from Cryptocurrency and Mining Companies
The abbreviation “TRX” may refer to different entities, the most well-known of which are the TRON (TRON) blockchain and its native token, TRX, as well as a gold mining company called TRX Gold Corporation. This article will examine the financial transparency and auditing practices of these two entities separately.TRON (TRON) has a massive stablecoin supply, but as a decentralized project, its financial auditing model differs from that of traditional companies. TRX Gold Corporation, on the other hand, as a publicly traded company, must adhere to strict financial reporting and auditing standards and has published its latest audit report, which mentions improvements to internal controls.
Audit
24H Trending
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1
U.S. Democratic senators have sent a letter to Treasury Secretary Scott Bessent and other senior officials, demanding disclosure of the AI regulatory framework revision process and questioning the influence of tech giant lobbying on policy.
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AI startup Hark launches personal AI assistant Hark Pro, emphasizing privacy protection.
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3
Anduril plans to invest $3.7bn in a new shipyard to manufacture parts for US Navy's top submarines, as Trump seeks to reduce dependence on prime contractors.
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Agora receives OCC approval, plans to move AUSD stablecoin issuance to a US trust bank
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Brevan Howard to Use Ripple Prime for Multi-Asset Brokerage, Clearing, and Financing Services
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OKX secures strategic investment from Ripple, Circle, and others, launches stablecoin app
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OKX has secured new investments from Ripple, Circle, Standard Chartered, and others, reaching a valuation of $25 billion, and has formed a joint venture with ICE to launch tokenized stock trading.
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US Republican Senator Moreno Sends Letter to Anthropic CEO, Warning Against "Alarmist" Stance on AI
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Coinbase launches stock options trading for US customers, offering zero commission for the first month
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10
Vessel attacks in the Strait of Hormuz surged, yet Gulf oil exports still increased significantly, recovering to over 81% of pre-war levels in September.
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