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
Report Forecasts 140K New Accounting and Auditing Jobs by 2026
In an era where technological advances are evidently making our lives easier, enabling many employees to spend less hours at work and more time doing things they enjoy; it begs the question: What will this mean for the future job market?
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CAQ Issues Request for Auditing-Related Academic Research Proposals
The Center for Audit Quality (CAQ) has issued its 11th annual request for proposals to fund independent academic research on projects of interest to the auditing profession. To date, the CAQ has funded 39 academic research projects under the ...
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Report: Accounting Expertise in C-Suite Increases Likelihood of Misstatements
In short, accounting competence in the C-suite is, the professors write, a “two-edged sword” that can either enhance or subvert financial reporting.
AICPA Seeks Input on Inventory Valuation
The AICPA’s Financial Reporting Executive Committee (FinREC) has issued an early working draft of Inventory Valuation guidance, which is part of a broader forthcoming release of its Business Combinations Accounting and Valuation Guide.
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Auditors Play Key Role in Deterrence and Detection of Fraud
The AICPA requires CPAs in an audit (attest engagement) to provide reasonable assurance in the audit opinion that completed financial statements are free of material misstatements which might be due to error or fraud.
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Why and How Accountants Should “Think Blockchain”
For accountants, the two key important words in the above description are “ledger” and “technology”. Accountants have deeply understood ledgers for centuries. They have been leveraging technologies for decades. Therefore, Blockchain, is not a ...
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Getting Software as a Service (SaaS) Accounting and Financial Operations Right from the Start
Eighty-four percent of new software today is delivered as SaaS. This percentage is expected to increase as existing providers transition to a subscription-based model. Yet, many software providers are ill prepared for the unique challenges and ...
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Baron Urges Synergy Conference Attendees to Embrace Continuous Transformation Mindset
This year marks Baron’s 21st consecutive and final Users’ Conference keynote, as he will be leaving the business at the end of the year. Baron joined Thomson Reuters in 1992 and has been managing director of the Professional segment of the Tax & ...