Auditing

ASC 606 is effective for annual reporting periods beginning after December 15, 2018, for non-public companies. (It’s a more principles-based approach that provides a single comprehensive framework for recognizing revenue.

Bill Reeb, chief executive of the management consulting firm Succession Institute, LLC, is the new chair of the American Institute of CPAs, the world’s largest member organization representing the CPA profession.

More than 350 professionals attended the Illinois CPA Society's (ICPAS) Women’s Leadership Forum, held in Chicago on Friday, May 10. Office Managing Partner at EY Chicago, Kim Simios, CPA, served as the event’s keynote speaker.

WASP Inventory Cloud offers an intuitive user interface that is designed to integrate with other WASP applications. Users can easily add a new product in WASP Inventory Cloud manually, assigning a unique number to each product, or have a number ...

EZOfficeInventory is an online asset tracking and inventory management application that is designed for businesses that have a large number of assets or internal inventory that needs to be tracked. Not well-suited for retail businesses or online ...

The audit risk model is the foundation of any audit. This might seem like CPA 101, but are you correctly applying it to your engagements?

The schools, which join the University of Mississippi’s Patterson School of Accountancy in including tax as part of the curriculum, are among nine universities throughout the country involved with the KPMG program. Applications are being accepted ...

This suite of auditor reporting standards includes a new AU-C section 701, Communicating Key Audit Matters in the Independent Auditor’s Report, and replaces the following AU-C sections in AICPA Professional ...