Auditing
Latest News
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
Bloomberg Tax & Accounting’s Compliance Tracker Expands Global and Indirect Tax Capabilities
CCH ProSystem fx Knowledge Coach Launches New Knowledge-Based Audit Titles
Wolters Kluwer Tax & Accounting has announced new solutions to expand the Knowledge Coach offering, which is designed to help professionals accurately and effectively conduct preparations, compilations, review and audit engagements.
Investors and Center for Audit Quality Want to Preserve SOX Sec. 404(b)
In a joint letter to House Financial Services Committee leadership, the Center for Audit Quality (CAQ), Council of Institutional Investors (CII), and CFA Institute today expressed shared opposition to any legislation that would erode Section 404(b) of ...
New CEIV Accounting Credential Recognizes Fair Value Measurement
The exam for the Certified in Entity and Intangible Valuations (CEIV) credential for fair value measurement is now available. It offers the opportunity for finance professionals to receive this credential from the American Institute of CPAs (AICPA) ...
AICPA Creates Cybersecurity Risk Management Reporting Framework
The AICPA’s new framework will enable all organizations – in industries worldwide – to take a proactive and agile approach to cybersecurity risk management and to communicate on those activities with stakeholders. Two resources that support reporting ...
Marketing to Restaurant Clients – It’s All about the Experience
With over $783 billion in annual sales in 2016, the restaurant industry might seem like a no-brainer as an accounting firm’s industry vertical. However, without the ability to speak the language they need to hear, you might be missing out and be ...
Managing Risk from Front Line Increases Revenue and Profit
Almost ten years after the 2008 financial crisis, risk management is evolving, shifting away from a purely protective mindset. In the old paradigm, risk was managed traditionally by the “second line” of defense in an organization.
Survey Shows Doubt on Value of Mandatory Auditor Rotation
Perhaps no issue in contemporary accounting has drawn more attention than that of mandatory auditor rotation – whether companies should be required, in the cause of sound financial reporting, to periodically change audit firms or audit-firm engagement ...
New Financial Close Analytics System Strengthens Management Oversight
The new module helps accounting organizations uncover bottlenecks in their month-end closes and identify trends to streamline and better manage the process. FloQast is a provider of close management software created by accountants for accountants.