Category: News Roundup

These are brief synopses of news items that have been covered by other sites. They include a few paragraphs and a link to the fully contained article on another site.

Legal Department Tech Budgets Expected to Double by 2028

Technology budgets at legal departments are predicted to double in the next two years, according to research and analysis by Gartner Inc. According to the business and technology insights company, specialized legal AI platforms, such as Harvey, Legora, GC AI, and Thomson Reuters CoCounsel, are delivering significant productivity and efficiency Read More

Survey Finds Information Integrity Risk the Top Concern Among Risk Leaders

Information integrity risk, caused by the proliferation of AI‑enabled decision-making and uncertain AI transparency requirements, gained the top rank of emerging risks for the first quarter of 2026, according to a survey by Gartner, a business and technology insights company. The Gartner Quarterly Emerging Risk Report series gathers insights and Read More

SEC moves to repeal climate change rules

SEC Moves to Repeal Climate Change Disclosure Rules

The U.S. Securities and Exchange Commission is no longer just stepping back from enforcement of its controversial climate disclosure rules — it is now actively moving to erase them. The clearest sign came this month, when the SEC formally submitted a proposal to rescind the rules to the White House Read More

Institute of Internal Auditors

The IIA Announces Changes to its CIA Challenge Exam Program

The Institute of Internal Auditors has announced a series of changes to its Certified Internal Auditor (CIA) Challenge Exam program. The CIA Challenge Exam Program is a fast-track pathway that lets experienced, already-credentialed professionals earn the CIA designation by taking one comprehensive exam instead of the standard three-part CIA exam. Read More

FRC launches new supervisory model

U.K. Audit Regulator Launches New Supervisory Model

The U.K Financial Reporting Council, the United Kingdom’s main regulator for accounting, auditing, and corporate governance, is introducing a major overhaul of its audit supervisory model, introducing what it calls a more proportionate, effective and integrated framework designed to enhance audit quality and reinforce resilience across the U.K. audit market. Read More

AuditBoard Unveils New Identy, ‘Optro,’ as AI Transforms GRC

AuditBoard, a provider of an AI-powered GRC platform enabling enterprises to transform risk into opportunity, announced it has rebranded as Optro. In a statement the company said this new identity “reflects the value Optro provides to teams: a single, coherent view across audit, risk, infosec, and compliance, while staying true Read More

Compliance

IIA Calls on Congress to Modernize SOX Act

The Institute of Internal Auditors has released a public policy position paper outlining recommendations to modernize the Sarbanes-Oxley Act (SOX). As Congress considers evaluating the effectiveness and cost of SOX compliance, the paper offers practical recommendations to help regulators strengthen investor protections while improving operational efficiency. “Since its enactment more Read More

COSO Releases New Guidance on Internal Controls for Generative AI

The Committee of Sponsoring Organizations of the Treadway Commission (COSO), today released a new publication, Achieving Effective Internal Control Over Generative AI (GenAI), offering organizations a practical, COSO‑aligned approach to managing the risks and opportunities introduced by rapidly advancing generative AI technologies. Generative AI is moving into boardrooms and day‑to‑day Read More

Securities and Exchange Whistleblower program

Enforcement Actions by the SEC and PCAOB Hit Multiyear Lows in 2025

Accounting and auditing enforcement activity fell drastically in 2025 at both the U.S. Securities and Exchange Commission (SEC) and the Public Company Accounting Oversight Board (PCAOB), according to two new Cornerstone Research reports, SEC Accounting and Auditing Enforcement Activity—2025 Year in Review and PCAOB Enforcement Activity—2025 Year in Review. The SEC brought Read More

Internal Audit's role in finding fraud

Report: Internal Auditors Skeptical of Ability to Respond to AI Fraud

A new joint report from the Internal Audit Foundation and AuditBoard reveals that, while internal audit leaders widely recognize artificial intelligence–enabled fraud as a growing organizational risk, only four in ten believe their functions are adequately prepared to detect or respond to it. Based on insights from more than 370 Read More