Auditing
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New Tax Scam Targets Clean Energy Tax Credit
Fewer Workers Planning to Change Jobs
Oklahoma Taxpayers Get Extended Deadline Due to Storms
California Gas Tax Increases
Tax and Finance Execs Open to Automation
Approximately 60% of respondents polled during a recent webcast by the firm said they would be willing to adopt technology within their organizations to automate repeatable tasks; however, 94% reported they were either not currently using (67%) or are...
Bloomberg Enhances ASC 842 Compliance System
Bloomberg Tax has released the latest version of its ASC 842 compliance system , Advantage Leased Assets. The new enhancements include support for customized, flexible lease payment schedules. Also included in this release is integration support for automating workflows between Advantage Leased Assets and general ledgers, ERPs, and other accounting systems. “The ability to add […]
AICPA Financial Reporting Executive Committee Taps BDO’s Angela Newell as Chair
Newell is national assurance partner, BDO Dallas, TX. FinREC serves as the AICPA’s official voice on financial reporting matters and develops nonauthoritative industry-specific accounting guidance. The committee’s membership includes ...
Avoid the Efficiency Trap
Transformation is a favorite topic of conversation at accounting industry conferences and in CPA communities. At this point, firms know why they need to make changes. The challenge isn’t convincing them they need to automate compliance work, modernize ...
AICPA News: April 2019
AICPA announces hiring of Kathy King as Senior Director Public Affairs, Advocacy & Media The American Institute of CPAs (AICPA) recently announced the hiring of Kathy King as senior director public affairs, advocacy and media. Kathy will work with the advocacy team in Washington D.C. to promote and defend the public and management accounting profession’s global public […]
RIVIO Offers Protection Against Bogus Audit Reports
A church administrator in southwestern Pennsylvania allegedly skimmed more than $1.2 million in funds from his employer over the past seven years, in part by creating fake auditor reports to hoodwink the church’s board of trustees. That kind of fraud ...
2019 Review of SAP Concur Expense
Concur Expense, from SAP Concur is well suited for businesses of any size, with two versions of the product available; the Standard edition, which works best for smaller businesses, and the Professional edition, which offers more advanced ...
Marcum Performed Most IPO Audits in 2018 Outside of Big 4
A total of 255 IPOs took place in U.S. capital markets in 2018, of which 156 were audited by the Big Four. Marcum represented 25% of the remaining 99 transactions, or 1 in 4 of all IPOs where a non-Big Four auditor was selected to represent the company.