Auditing
Latest News
Trump Vows 25% Tariffs on Canada and Mexico, and 10% More on China on ‘Day One’
IRS to Host Virtual Focus Groups on the Business Tax Account Online Tool
GASB Proposes Guidance on Subsequent Events
FASB Issues Post-Implementation Review Report for Its Revenue Recognition Standard
Public Company Audit Fees Increase by a Median 1.3 Percent
Public companies reported a median increase of 1.3 percent, compared with 1.6 percent in 2015. Private companies reported a median increase of 3.7 percent, compared with 2.9 percent for 2015 audits. Non-profit respondents reported a median increase ...
IIA Announces Key Updates to CIA Certification Exam
The Institute of Internal Auditors (IIA) has announced important updates to the Certified Internal Auditor (CIA) Examination. The CIA exam is a three-part exam designed to test candidates’ knowledge, skills, and abilities related to current global ...
Vertex Cloud Indirect Tax Announces SOC 2 Type 2 Completion
Vertex Cloud’s SOC 2 report validates the security of hosted solutions and helps satisfy customer requirements. This includes obtaining assurance over third-parties who host their data and the effectiveness of the solution’s compliance or operations ...
How to Help Your Clients Avoid – Or Survive – A Sales Tax Audit
Many small and mid-size businesses hire accountants and bookkeepers with the expectation they’ll help prevent an audit. Unfortunately, you can’t guarantee your clients won’t be audited for sales and use tax. No one can: States need sales and use tax ...
AICPA Urges Congress to Adopt One-Year Delay For Effective Date for New Partnership Audit Rules
The AICPA noted in its letter that “Treasury and the IRS have not provided all of the necessary procedures and guidance for taxpayers to make informed decisions,” even though the effective date has now passed. The effective date was December 31, 2017 ...
Study Shows Key Concerns of Corporate Directors in 2018
Drawing on insights from the Center’s work and interactions with corporate directors and business leaders throughout the year, the BLC’s On the 2018 board agenda highlights six items for directors to keep front and center in the months ahead.
3 Ways CFOs Can Accelerate Payback from New Technology
A new ERP system shouldn’t be a set-and-forget proposition. Opportunities to customize and optimize the solution to particular needs are virtually boundless. A program that nurtures “super users” can seed the organization with experts to help make the ...
Vertex Now Offers Salesforce Integrations
Tax technology solutions provider Vertex, Inc., has launched new integrations for Salesforce including Salesforce CRM, Commerce Cloud, CPQ and Billing.