financial · PCAOB AS 1215 · AICPA ET Section 1.300 · IRS Circular 230
Accounting / PCAOB / CPA
AS 1215 requires sufficient audit evidence — AI-generated workpaper without receipt insufficient
—Colorado AI Act high-risk deployment
Regulatory exposure — commonly overlooked:
CPA firm uses AI for substantive testing — firm owns malpractice, AI vendor owns beta disclaimer. · First comprehensive US state AI law — impact assessments require documentation Velaru generates.
TAM / Exposure
CPA firms · AI in audit exploding
Insurance lines
Accountant malpractice · E&O
Exhibit authority
Colorado AI Act Pack — Audit Workpaper AI Integrity Pack
Global leaders
PCAOB · Deloitte · KPMG · AICPA · IRS · CO AG · Counterpart · Colorado Division of Insurance
Circular 230
Tax AI advice — IRS preparer penalty on firm, not vendor.
Workpaper integrity
Hash-chained receipt satisfies AS 1215 documentation requirements.
Malpractice insurers
CPAs adding AI exclusions — proof infrastructure unlocks coverage.
[Colorado] Developer vs deployer
Colorado splits obligations — receipt chain clarifies who documented what when.
[Colorado] Insurance nexus
Colorado insurers using AI in underwriting must comply while selling AI EPL.
[Text / Chat] Modality hook
Baseline — all frameworks apply to text decisions.
7 mandate layers (live)
Regulatory ClockCountdown to operative regulatory deadline — NAIC adoption, GSE mandate, EU transposition.Open →
Domain ClassifierIndustry-specific SAFE/CRISIS/VIOLATION with regulatory framework mapping.Open →
Exhibit / Filing PackRegulator-ready external validation — NAIC Exhibit D, Fannie QC, EU FRIA, FDA Part 11.Open →
Mandate RegistryEnroll deployers/insureds under vertical-specific governance mandate.Open →