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FEI Releases “AI Framework: Internal Control Over Financial Reporting” to Help Finance Leaders Adopt AI

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Practitioner-built, principles-based guidance from FEI’s Committee on Corporate Reporting on how AI impacts Internal Control Over Financial Reporting (ICFR)

MORRISTOWN, N.J., June 25, 2026 /PRNewswire/ — Financial Executives International (FEI) today announced the release of the AI Framework: Internal Control Over Financial Reporting, a new whitepaper developed by FEI’s Committee on Corporate Reporting (CCR) to help companies integrate artificial intelligence (AI) into financial reporting while maintaining effective internal control over financial reporting (ICFR).

The framework was authored by a cross-industry group of corporate controllers, chief accounting officers, and accounting leaders from Fortune 100 and large public companies, with input from academia. It is intended to be a living document that will evolve alongside AI technology and regulatory expectations.

“As finance leaders race to capture the value of AI, they are being asked to do so without disrupting the reliability of financial reporting that markets depend on. This framework reflects exactly what FEI does best: convening the most respected practitioners in the profession to translate an emerging challenge into practical guidance. It gives finance teams a credible, principles-based starting point to adopt AI responsibly while protecting the integrity of their internal controls.”
— Andrej Suskavcevic, CAE, President and CEO, FEI

“AI doesn’t change management’s fundamental responsibility for effective internal controls — but it does change how we earn comfort over them. By focusing on validating outcomes, the framework gives companies practical control approaches they can put to work today, and a path to scale automation responsibly as their AI systems prove reliable over time.”
— Aaron Anderson, contributing author and CCR member

As AI moves rapidly from experimentation into core finance and accounting processes, management teams face a dual challenge: capturing AI’s efficiency and analytical benefits while preserving the reliability of financial reporting that capital markets depend on. The framework provides a practical, principles-based approach for identifying, scoping, and managing AI systems used in financial reporting — whether AI is embedded in a process or relied upon as a control — consistent with the Sarbanes-Oxley Act (SOX) and the COSO Internal Control – Integrated Framework.

Rather than attempting to audit the inner workings of “black box” AI systems, the framework emphasizes human oversight and outcome-based validation, and offers four business control approaches that companies can deploy individually or in combination:

Human-in-the-Loop (HITL): Integrating human intervention at strategic decision points to validate system outputs and manage model uncertainty.Performance Testing: Leveraging curated test data sets to compare AI system outputs against known “ground truth” results to ensure ongoing mathematical and logic accuracy.Multi-Model Validation: Using a systematic comparison between the primary AI system and an independent “challenger” model to identify variance and confirm reliability.Data Analytics: Employing advanced monitoring techniques to analyze system trends, identify anomalies, and ensure the AI operates within established guardrails.

The framework also addresses AI-specific risks such as hallucination, model drift, and algorithmic bias; provides guidance on SOX scoping and risk assessment; and outlines an outlier management and resolution process.

The AI Framework: Internal Control Over Financial Reporting whitepaper is not intended as legal guidance or advice, and it should not be relied upon for decisions that may raise liability concerns. FEI is not responsible for how companies or individuals use the AI Framework: Internal Control Over Financial Reporting. Where questions exist concerning possible legal ramifications, readers of the whitepaper should consult with appropriate legal counsel.

The complete Framework is available for $195.00 on the FEI website here.

About FEI’s Committee on Corporate Reporting (CCR)
The Committee on Corporate Reporting (CCR) is a high-powered, multi-industry committee of Financial Executives International composed of highly engaged Corporate Controllers and Chief Accounting Officers from Fortune 100 and large public companies. CCR focuses on engaging accounting standard setters and regulators and has a positive impact through comment letters and other advocacy, including direct engagement with the SEC, FASB, PCAOB, and the Big 4 accounting firms.

About Financial Executives International (FEI)
Financial Executives International (FEI) is the leading association and advocate for the views of corporate financial management. Its Members hold policy-making positions as chief financial officers, chief accounting officers, controllers, treasurers, and tax executives at companies in every major industry. FEI enhances Member professional development through peer networking, career management services, conferences, research, and publications. Members participate in the activities of local Chapters in the U.S. FEI is located in Morristown, NJ. Visit www.financialexecutives.org for more information.

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SOURCE Financial Executives International

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Agoda Unveils South Korean Travelers’ Top Domestic and International Destinations for Chuseok Holiday

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September 6, 2026

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– Fukuoka, Tokyo, Osaka, Da Nang, and Nha Trang topped overseas destinations, while Jeju, Busan, Seoul, Sokcho, and Gyeongju led domestic hotspots  

SEOUL, South Korea, Sept. 6, 2026 /PRNewswire/ — With the Chuseok holiday around the corner, South Korean travelers are already making plans to make the most of the four-day break. According to digital travel platform Agoda, accommodation searches for international and domestic destinations have increased by 38% and 160%, respectively, compared to two weeks before the holiday period.

Based on accommodation searches made by South Korean travelers between May to mid-August 2026, Agoda found that Japanese destinations dominated the list of the most-searched overseas destinations for the Chuseok holiday. Fukuoka ranked first, followed by Tokyo and Osaka. Beyond Japan, Vietnamese destinations also proved popular, with Da Nang and Nha Trang rounding out the top five. The findings highlight South Korean travelers’ continued preference for short- and mid-haul destinations, where they can enjoy a combination of cultural experiences and seaside leisure.

Due to its proximity to South Korea with an average flight time of just 1.5 hours from Seoul, Fukuoka is one of the most accessible Japanese destinations for South Korean travelers. The destination is expected to become even more accessible with Eastar Jet’s expanded services on the Incheon–Fukuoka route through October 24, and the Busan–Fukuoka route from August 29 to October 24, covering the Chuseok holiday period.

For those making travel plans closer to home, Jeju ranked as the most-searched domestic destination, with a 131% increase in travel interest, followed by Busan (147%), Seoul (64%), Sokcho (324%), and Gyeongju (222%). Sokcho, which recorded the strongest growth in search interest among the top 5 domestic destinations, saw tourism expenditure by South Korean travelers increase by 8.2% year-on-year in the first half of 2026, according to the Korea Tourism Organization. The high growth in interest in Sokcho’, driven by its diverse mix of mountains, beaches, lakes, culinary experiences and cultural attractions, suggests that the destination could see continued visitor demand through the second half of the year, including during the Chuseok holiday period.

Gyeongju, which ranked fifth, continues to attract South Korean travelers with its historic sites and rich cultural heritage. The city’s appeal could be further boosted by expanded KTX and KTX-Eum services scheduled to begin in September, offering travelers improved rail connectivity during the autumn travel season.

Alex Park, Country Director, South Korea at Agoda shared, “As the Chuseok holiday approaches, South Korean travelers are showing strong interest in nearby destinations, with domestic travel seeing particularly strong demand. As a global travel platform, Agoda is committed to supporting travelers with diverse preferences by offering great deals on flights, accommodation, and activities, whether they are looking to explore destinations overseas or closer to home.”

As South Korean travelers finalize their Chuseok holiday plans, Agoda continues to offer a seamless booking experience across more than six million holiday properties, 130,000 flight routes, and 300,000 activities worldwide. To find the best deals for autumn travel to Asia and beyond, visit Agoda.com or download the Agoda mobile app. As part of Agoda’s August Mega Sale, travelers can enjoy up to 60% off on hotel bookings during the main sale through 31 August.

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SOURCE Agoda

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TECNO Wins Two IFA Global Product Technology Innovation Awards for Modular Phone and Tonino Lamborghini TECNO TAURUS

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September 5, 2026

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BERLIN, Sept. 5, 2026 /PRNewswire/ — TECNO, a global AI-driven innovative technology brand, achieved two IFA Global Product Technology Innovation Awards at IFA 2026:

Tonino Lamborghini TECNO TAURUS took the Miniaturized Gaming PC Technology Innovation Gold Award, standing out with its Italian aesthetics and exceptional performance in the compact body. The TECNO Modular Phone was honored with the Ultra-Slim Magnetic Modular Technology Innovation Gold Award, praised for its ultra-slim craftsmanship and unique modular magnetic technology.

These awards once again demonstrate TECNO’s sustained breakthroughs in product innovation and industry-leading craftsmanship in design excellence. The Global Product Technology Innovation Awards were established in 2014 by IDG, IFA, and DIHK to celebrate excellence across the global consumer electronics industry. The awards honor products that set new industry benchmarks and drive innovation through intelligent technology and user-centric design.

TECNO Modular Phone: The World’s Thinnest Modular Smartphone

At just 4.9mm, the TECNO Modular Phone is powered by proprietary Modular Magnetic Interconnection Technology. It combines a precision magnetic array with pogo-pin connectors, offering a flexible ecosystem for different needs. The host retains a 3000–4000mAh battery, while modules draw power directly for a snap-and-go experience. It also resolves the inherent conflict between rising AI computing demands and limited device space.

The technology has earned over 20 accolades from leading media, with CNET and Yanko Design naming it the Best of MWC 2026, and The Verge recognizing it as the Best Mobile Tech at MWC 2026.

Tonino Lamborghini TECNO TAURUS: One of the World’s Smallest Water-Cooling Gaming Mini-PCs

At around 6.36 liters, the panoramic transparent chassis of the Tonino Lamborghini TECNO TAURUS fuses iconic Italian design with raw engineering. Powered by the Intel® Core™ i9-13900HK and NVIDIA® GeForce RTX™ 5060 (614 AI TOPS, 145W TGP, DLSS 4), it achieves the pinnacle of performance, providing a high-fidelity gaming experience and high-efficiency AI workstation. The water-cooling system sustains peak frequencies, while 15 ports and WiFi 6E deliver connectivity. It was recognized with Yanko Design’s Best of MWC award.

In addition, TECNO made waves at IFA with the Next-Gen Bezelless Concept Phone featuring a revolutionary 0mm screen bezel, and the convertible laptop MEGABOOK T15 360 Pro. Relentlessly pushing the boundaries of design, performance, and AI innovation, TECNO is pioneering limitless possibilities for futuristic technology.

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Morpho UV Printer Unveiled at IFA with Hands-On Live Creation

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4 hours ago

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September 5, 2026

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BERLIN, Sept. 5, 2026 /PRNewswire/ — Morpho, a company specializing in UV printing technology, is showcasing its first desktop UV printer at IFA 2026, Hall 17-196. Visitors are observing Morpho’s colorful, textured prints, and some have the opportunity to print on a range of blank materials provided.

Morpho’s desktop UV printer can print on a wide range of materials, including wood, glass, leather, metal, and more, delivering vivid colors and tactile textures for customized results. At IFA 2026, the booth attracted interest from creators, educators, and technology professionals, who gathered to watch live demonstrations.

Among those who have tried Morpho’s printer, three aspects are most frequently highlighted: print quality, the moving gantry design, and overall ease of use.

Visitors are first drawn to the prints, which feature precise color reproduction and finely detailed textile textures. With G7 Master ColorSpace certification, Morpho ensures consistent tones across different pieces. The same level of precision is evident in the raised textures created by the industrial-grade printhead, which builds fine layers of ink for detailed, tactile surfaces. The printhead maintains fast carriage motion speeds of up to 600mm/s while preserving precise detail.

Attendees have also noted the printer’s compact desktop footprint. With its moving gantry architecture—where the entire gantry moves along both axes—the printer offers a large, fully enclosed print chamber that accommodates various objects while remaining desktop-friendly.

First-time users have given positive feedback on Morpho’s usability. The integrated Stereo Vision Smart Alignment™ System quickly captures an object’s height and contours, while Morpho Studio’s guided workflows help users move from idea to print with minimal setup.

Morpho’s team shared that the program has been in development for several years, with the goal of making UV printers a practical tool for everyday creative use. Founder Mingyu “Brett” Wang, formerly Global VP of R&D at DJI, commented, “We communicate directly with our community, listen to feedback, and make fast improvements.”

Ahead of IFA, Morpho’s Kickstarter campaign surpassed $10 million in support from over 2,800 backers worldwide. The company is committed to further developing its proprietary core technology and delivering reliable engineering for creators, makers, and small businesses.

Visit Morpho’s website to learn more.

About Morpho: Morpho develops desktop UV printers that bring industrial-grade printing and coloring to everyday materials, enabling creators to turn almost any physical surface into a canvas for their ideas.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/morpho-uv-printer-unveiled-at-ifa-with-hands-on-live-creation-302870741.html

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