Automate the Grind. Preserve the Judgement. How Run Audit Is Built for What the FRC Requires.
By Donal Kerr, CEO, Run Audit In Part 1 of this series, I walked through the Financial Reporting Council’s landmark guidance on generative and agentic AI in audit — the first document of its kind from any audit regulator globally. The core message was straightforward: AI can enhance audit quality significantly, but the accountability stays […]
The AICPA Has Looked at SOC Tool Provider Contracts. What It Found Should Alarm Everyone.
By Donal Kerr, CEO, Run Audit I recently wrote about what happens when you build a company on the promise of shortcuts. I was writing in the context of a specific scandal — a well-funded AI startup accused of generating hundreds of nearly identical audit reports before anyone had looked at the underlying organisations — […]
The FRC Just Published the First Global Rulebook for AI in Audit. Here’s What It Actually Says.
By Donal Kerr, CEO, Run Audit In March 2026, the Financial Reporting Council published something that has no precedent anywhere in the world: formal guidance for audit firms on the use of generative and agentic AI in audit engagements. It’s the first document of its kind from any audit regulator globally, and if you work […]
Fake Compliance Isn’t an AI Problem. It’s an Ethics Problem
Something remarkable happened in the compliance technology and audit world last month. A well-funded, well-regarded AI startup — Y Combinator-backed, valued in the hundreds of millions — found itself accused of generating nearly 500 audit reports that were, allegedly, 99.8% identical. Same paragraphs. Same grammar mistakes. Different logos. All signed off by the same auditing […]
Listening for the Truth: The Ancient Roots of Audit
How the language of our profession still carries the echo of Athenian assemblies and the Roman Forum. Before there were working papers, control frameworks, or sampling methodologies, there was a room, a magistrate, and a witness with a sharp ear. The vocabulary of modern audit still carries the fingerprints of that room. The word audit […]
A Manifesto for the AI Era of Audit
Audit Is Broken. Everyone Knows It. Nobody Fixed It. Audit sits at the heart of corporate trust. It is how companies prove they are telling the truth — about their systems, their data, their risk. It matters enormously. And yet the practice itself is a scandal of inefficiency. In a world where companies generate billions […]