Auditing

Recent top news and announcements by the American Institute of Certified Public Accountants.

The next generation exam, which began testing on April 1, has added additional assessment of higher-order cognitive skills that test a candidate’s critical thinking, problem solving and analytical ability. The exam also makes greater use of task-based ...

The Access to Audit Personnel Program will connect these researchers with 400 audit staff and managers at CAQ Governing Board firms: BDO, Crowe, Deloitte, EY, Grant Thornton, KPMG, PwC, and RSM. Now in the program’s fifth year, the CAQ and the AAA ...

More than 60 percent of the insurance companies are not prepared to implement a new auditing standard, according to a survey conducted by top 10 accounting firm Baker Tilly Virchow Krause, LLP (Baker Tilly). The survey found that these organizations ...

A SOC 2 attestation focuses on an organization’s controls in areas such as operations and compliance. It is performed in accordance with AT Section 101: Attest Engagements, and this report is generally best suited for financial services, health care ...

Just how much weight do investors assign to revenues as distinct from earnings? New research in the June issue of Accounting Horizons, a journal of the American Accounting Association, finds this answer to vary considerably among five major business ...

The National Society of Accountants (NSA) has announced the latest courses in its series of ConnectED Webinars, which are approved for continuing professional education (CPE) by the Internal Revenue Service (IRS), National Association of State ...

With the current break-neck pace of software and technology we can often overlook the fact that "the cloud" is really just outsourcing. The term "cloud" is simply a catch-all term for subscription-based services running on someone else's network.