backOn September 3, 2025, the PCAOB released the Technology Innovation Alliance (TIA) Working Group’s study and recommendations regarding the use of emerging technologies by auditors and preparers. Among other things, the study identifies the current needs and challenges related to technology adoption for auditors and preparers. The related recommendations present four strategic ideas on ways that the PCAOB can promote the use of technology in auditing, including promoting structured data creation and dissemination in public company audits; focusing on the use of AI in public company audits; regulatory innovation capacity building to facilitate ongoing innovation in audit quality, including by establishing an Innovation Lab; and encouraging technology literacy in auditor skillsets.
The TIA Working Group was chaired by Board Member Christina Ho and brought together professionals from outside of the PCAOB with expertise in emerging technologies. The TIA Working Group was formed in November 2022 and completed its work in August 2024.
The PCAOB's press release is available here.