Auditing
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Technologies Driving Remote Auditing
On-site auditing has been the customary default since the dawn of accounting. It’s worked reasonably well, though time and cost considerations – both from the company and firm’s vantages – typically took secondary focus to successful audit completion, ...
Online Learning Center Guides Accountants from Compliance Services to Advisory Roles
ProfitCents University is designed to guide CPAs and accounting professionals through a step-by-step transition from a focus on compliance services, such as tax and audit, to higher-profit advisory work and value-added services. Accounting profession ...
How to Measure the True Cost of Paper Checks
One of the reasons is that the only measure of success for the payments process at most companies is making sure all the bills get paid on time. It’s hard to make a case for change until you define and quantify the problem—and evaluate how much better ...
AuditFile and Wiley Extend Partnership
Companies Expand Wiley Content Offered Through AuditFile’s Cloud-based, All-in-One Audit Program and Automation Platform.
Financial Execs Concerned About ICFR and Cyber Security
Internal controls over financial reporting (ICFR) and cyber security risks are growing concerns for executives responsible for reporting corporate financial performance, says a new survey by U.S. audit, tax and advisory firm KPMG LLP.
Tipalti Launches Partner Program for Payables Automation
Tipalti’s Partner Program will make it easy for partners to reduce their client’s supplier payment workload by up to 80 percent, strengthen financial and compliance controls, mitigate fraud and compliance risk, improve AP visibility, and accelerate ...
Blockchain & Bitcoin: Why The Accounting Profession Should take Notice
Bitcoin, which has been plastered all over the news lately, is the new green – as in currency. Since Bitcoin’s founding in 2009, the cryptocurrency has had many ups and downs. Currently, at the time of this writing, Bitcoin is sitting above $10,559 per to
Seven Lease Accounting Lessons Learned from Early Implementation Projects
The implementation dates for FASB’s ASC 842 standard are quickly approaching. Yet, most companies adopting the new standard haven’t even reached the halfway point in their implementation projects. However, there are a few early movers who have made ...