Accounting
Latest News
Survey of Main Street Accountants Signals Turbulence for Small Businesses
Internal Audit as a Critical Component of ESG Strategy
Financial Cents Launches $9 per Month Practice Management Option
IRS Shares New Draft Version of Crypto Tax Form
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Alerts Focus on Risk Areas for Upcoming Audit Cycle
The Center for Audit Quality (CAQ) has published two new member alerts that can help public company auditing firms address potential risks in a proactive and accelerated manner.
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Sage Launches New Solutions for Small Businesses and Nonprofits
Sage has announced that Sage X3 cloud business management solution now links directly to Salesforce. This allows the companies’ joint customers to access their customer data in the Salesforce Sales Cloud -connecting ERP and CRM business processes in ...
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Jon Baron, Thomson Reuters Executive, Wins 2016 On the Edge Innovation Award
The award is bestowed on an individual “who has demonstrated unique service to the accounting profession.” With more than 40 years of accounting experience, Mr. Baron is a widely respected leader and technology advocate.
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How Self-Certification Fosters Employee Honesty
How to keep the honest majority honest in the face of temptations to be unethical? New research in the scholarly journal Behavioral Research in Accounting tests a simple, trusting approach and finds it yields promising results.
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Audit Pros Focus on Emerging Risks, Strategy
Another key finding is the growing focus on emerging risks. Already 55% of TeamMate's 2016 survey respondents report having a formal process to identify, assess and report on emerging risks, and 44% provide their audit committees with a regular report ...
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Most Americans Confident In Stock Markets
Investors display healthy levels of confidence in public company auditors (81 percent), independent audit committees (77 percent), audited financial statements (75 percent), and financial advisors (75 percent).
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Public Sees Accountants As Desirable, Even If They Are Bean Counters
Professional stereotypes about the accounting industry are alive and kicking, with a new global survey from Xero revealing that the average member of the public most commonly associates accountants and bookkeepers as suit-wearing “number crunchers” or “bean counters.” At the same time, the survey revealed that accountants and bookkeepers are likely to be seen as […]
AICPA Proposes Cybersecurity Risk Management Criteria
The development of a common set of criteria will pave the way for the introduction of a new engagement that CPAs can use to assist boards of directors, senior management, and other pertinent stakeholders as they evaluate the effectiveness of an ...