AI Governance: How to Balance Innovation with Ethical Responsibility
AI has the potential to drive innovation but also poses risks like bias, transparency issues and legal liabilities, making strong governance essential for balancing progress with ethical responsibility.
Under Pressure: Why Internal Controls Are Facing Greater Scrutiny This Year
With material weaknesses projected to increase by 20% and regulatory pressures mounting, CFOs and controllers must take proactive steps to strengthen their controls.
Some audits are built around a specific regulatory framework rather than standard financial statement requirements. FD’s specialized assurance practice covers the compliance rules that apply to certain industries, such as government contractors and investment companies.
Audit Expertise Built Around Regulatory Compliance
Each specialized assurance practice follows a different regulator but the same approach: a team that already knows the compliance requirements specific to your industry, not one learning them during the engagement.
Investment Company Audits*
Fund audits and SEC custody examinations each follow their own audit standard, so your firm gets an opinion built around the regulation that actually applies to it.
Overhead Rate Audits*
FD audits your overhead rate against FAR Part 31 requirements, so architecture, engineering and construction firms with government contracts have a rate that holds up under federal and state review.
Compliance & Specialized Engagements*
From grant and contract compliance examinations to agreed-upon procedures, we design assurance work around the standards and stakeholders you answer to.
* Attest services are provided through Frazier & Deeter, LLC, a licensed US public accounting firm.
AI Governance: How to Balance Innovation with Ethical Responsibility
AI has the potential to drive innovation but also poses risks like bias, transparency issues and legal liabilities, making strong governance essential for balancing progress with ethical responsibility.
Under Pressure: Why Internal Controls Are Facing Greater Scrutiny This Year
With material weaknesses projected to increase by 20% and regulatory pressures mounting, CFOs and controllers must take proactive steps to strengthen their controls.