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
Confirmation.com Expands in South America
The Confirmation.com application provides a platform for auditors and accounting firms to control the audit process from start to finish by securely performing audit confirmations to third-party responders such as companies, financial institutions ...
2018 IT Predictions for Tax and Accounting Firms
University professor John M. Richardson summed up his view of the future by stating: “When it comes to the future, there are three kinds of people: those who let it happen, those who make it happen, and those who wonder what happened.”
IFRS Taxonomy Guide for Companies Now Available
The IFRS Taxonomy facilitates the digital creation and consumption of financial information. It improves investors’ access to financial information by listing and defining specific codes, or elements, that can be used to tag items of data.
The Top Five Benefits of Outsourced Accounting
Today’s business owners are facing greater expectations when it comes to financial transparency and government compliance. All too often, businesses are juggling day-to-day responsibilities alongside more complex and time-consuming tasks such as finance, accounting, compliance, internal audit, and risk management. They are simply trying to do more with fewer resources.
Survey Shows CFOs Combat Talent and Data Challenges with Strategic Tech Investments
In light of today’s evolved finance function, and extremely competitive market, businesses are hard pressed to find, engage, and retain accounting and finance talent with the requisite mix of capabilities and experience required to drive financial ...
IIA Announces Conference in Dubai, Speaker Lineup
The annual conference is considered the largest gathering of internal auditors in the world. It will take place at the Dubai International Convention and Exhibition Centre, part of the Dubai World Trade Centre complex, May 6-9, 2018, and feature more ...
The Year-End Close Process: Trading Chaos for Order
While outdated New Year superstitions and beliefs have morphed into more modern views, the fact remains that many organizations continue to complete their close process in a way that is, in a word, outdated.
CAQ Tool Aims to Help Audit Committees with Expanded Auditor’s Report
The Auditor’s Report: Considerations for Audit Committees explains changes to the auditor’s report and lists key questions on topics including auditor tenure, Critical Audit Matters (CAMs) and other new requirements. The new auditor’s reporting model ...