# US audit firms, investors urge PCAOB to issue AI audit guidance 2026-08-12T23:03:29+00:00 | World & Diplomacy | Indian Opinion Desk Corroboration: 1 independent outlet ET Legal World reports that US audit firms and investor groups have urged the Public Company Accounting Oversight Board (PCAOB) to quickly issue guidance on artificial intelligence in audits. They warn that existing standards need clearer interpretation as AI use by companies and auditors expands. Most respondents favoured principles-based staff guidance over prescriptive standards, citing AI's rapid evolution. Firms like PwC and Grant Thornton suggested an AI task force and technology-neutral guidance. The investor-led International Corporate Governance Network urged the PCAOB to build independent expertise rather than rely on audit firms. KPMG also backed a dedicated AI task force to coordinate research and advise on future priorities. ## Coverage - legal.economictimes.indiatimes.com Tags: AI audit, Artificial intelligence, audit guidelines, investor groups, PCAOB, regulation Canonical: https://indianopinion.org/us-audit-firms-investors-urge-pcaob-to-issue-ai-audit-guidance/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/us-audit-firms-investors-urge-pcaob-to-issue-ai-audit-guidance/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.