Auditing

Internal audit functions are losing ground in trying to keep pace with stakeholder expectations, according to the 13th annual PwC State of the Internal Audit Profession study.

The most significant change to the ecosystem is the addition of three new categories: Subscription/Recurring Management, Audit/Risk Support, and Data Integrators. New additions to the Ecosystem include: Recurly, Abacus Next, Rivio, and a host of others.

Attracting new clients is a common challenge for valuation professionals. Unlike traditional accounting services (such as tax preparation and audits) that some clients need each year, valuations are often performed to meet a one-time need triggered by ...

Top Social Media A&A Posts Internal audit has an integral role to play in improving the organization’s strategic performance – The Institute of Internal Auditors blog: https://iaonline.theiia.org/2017/Pages/Auditing-Organizational-Governance.aspx?utm_campaign=February+2017&utm_medium=social&utm_postdate=03%2F02%2F17&utm_source=twitter Beyond the Spreadsheet: Technological Changes Mean Industry Innovation for CPAs – NYSSCPA The Trusted Professional: http://www.nysscpa.org/news/publications/the-trusted-professional/article/beyond-the-spreadsheet-technological-changes-mean-industry-innovations-for-cpas?linkId=35081587#sthash.yj77QV8e.Y2IuyRTU.dpbs Take control of Your Debt Collection Efforts by Partnering with a Collection […]

Among the primary challenges faced my most MNEs is the fact that the financial systems currently in place do not support adequate tax reporting for the new tax transparency requirements (e.g. lack of legal entity detail, lack of a tax-sensitive chart ...

Professional liability claims against CPAs for valuations aren’t as frequent as claims made against accountants for tax-related services, but valuation-related claims tend to involve larger dollar amounts, according to John Raspante, director of risk ...

QuickBooks Online has quickly gained popularity with small business owners who appreciate the anytime/anywhere access the product provides. Like QuickBooks Desktop, QuickBooks Online is well suited to both small businesses and nonprofit organizations.

This year’s study shows that the number of stakeholders that view internal audit as “contributing significant value” dropped from 54 percent in 2016 to only 44 percent in 2017, reaching its lowest level in five years. Despite this drop, the good news ...