Auditing
Latest News
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
Newsom: California Will Offer EV Rebates if Trump Cuts Federal Tax Credit
Doc.It Wins K2E Awards for Best New App and Marketing Communications
In June 2017 Doc.It launched Doc.It Go, their mobile app engineered to work in conjunction with Doc.It Suite. With Doc.It Go, Doc.It Suite users have every opportunity to gain a productivity advantage as they handle some of the most common tasks ...
AICPA Calls for More Clarity and Revisions to Partnership Audit Regs
The AICPA submitted a broader comment letter about the Regime on August 14 and recommended a one year delay in implementation of the Regime in a letter dated June 13.
Digital Badges Are Here. Will You Earn Yours?
Have you ever met an accountant who didn’t display their professional certificate in a place of honor in their office? Neither have I. As a profession, CPAs, Chartered Global Management Accountants (CGMAs) and holders of specialty credentials are proud...
What Your Clients Need to Know about Cloud Accounting Software
Anyone still skeptical about the importance and viability of cloud software in business probably should consider a line of work that doesn’t involve business. The promise of the cloud (and all its various nomenclatures: “SaaS,” “web,” etc.) is here and...
The Changing Role of IT Personnel in Accounting Firms
Has the IT role within CPA firms finally come full circle? I began the IT portion of my career providing support for IBM XT personal computers that were used by accountants to produce spreadsheets and word processing, while all the “real” data ...
AICPA Proposes New Attestation Service
Among other things, in a selected procedures engagement, the practitioner may determine the procedures to be performed and no party would be required to take responsibility for the sufficiency of the procedures. This allows the practitioner to perform ...
New Cloud EPM System Helps Finance Teams Maximize Corporate Performance
This new release is now fully supported to run on browsers such as Chrome, Safari, Firefox, and Edge. It also includes dramatic improvements across the board such as powerful breakback functionality for added flexibility and accuracy; enhanced ...
Study Shows Sarbanes-Oxley Offers Early Warning of Corporate Fraud
Since its passage in 2002 in response to financial scandals that shook the corporate world, the Sarbanes-Oxley Act, or SOX, has been a constant target of criticism. And probably no provision of SOX has provoked more complaints than Section 404(b), ...