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
KPMG Dismisses Head of Audit Practice, 5 Others for Conduct
The firm learned in late February, from an internal source, that an individual who had joined KPMG from the PCAOB subsequently received confidential information from a then-employee of the PCAOB, and shared that information with other KPMG personnel.
AICPA Proposes New ERISA Auditing Standards
This proposed SAS addresses the auditor’s responsibilities to form an opinion and report on the financial statements of ERISA plan financial statements, and the form and content of such reporting, including reporting on specific plan provisions ...
Accounting for Income Taxes: New System Focused on ASC 740 Compliance
Designed and built with middle market businesses in mind, Tax Prodigy Provision was created by tax professionals to give tax professionals the security and confidence they need to focus on critical tax items instead of being held back by over ...
Deloitte Foundation Helps Develop Next-Gen Audit and Accounting Talent
For more than 50 years, the annual seminars, hosted by the Deloitte Foundation and the American Accounting Association, have provided cutting-edge resources and hundreds of case studies that keep university faculty and their students connected to the ...
New Version of CPA Exam Released
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 ...
Wolters Kluwer Enters Exclusive Agreement with Validis
Wolters Kluwer Tax & Accounting announced today that it has signed an exclusive and strategic license with Validis Holdings Limited, a UK and US-based company known for its data extraction and analytics software used in the accounting and lending ...
AuditFile Offers Integration with Microsoft Office Online
The enhancement empowers AuditFile users to dynamically create and edit files with the .xlsx and .docx extensions from within AuditFile’s cloud environment, without the need to download or use desktop Office tools. Additionally, multiple users can work...
Financial Audits Help Improve Business Performance
Financial statement audits, essential to helping the capital markets function effectively and with confidence, are helping today’s business leaders improve the performance and operational processes of their companies, according to a new Deloitte survey.