Auditing
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Payroll Software Buyer’s Guide
Recap of the Accounting Thought Leader Think Tank – The Accounting Technology Lab Podcast – July 2024
How to Help Clients Navigate Nexus: A Guide for CPAs and Accountants
3 Reasons It May Look Like You Love the IRS More Than Your Family
Thomson Reuters Issues Special Report for Financial Audits of School Districts
Thomson Reuters has released a special report on school district auditing to address the unique characteristics of planning and performing audits for public school districts and provides tips to help professionals perform effective and efficient school...
IRS Has Material Weakness in Internal Controls Over Unpaid Tax Assessments
The Internal Revenue Service (IRS) is currently planning activities to address a recurring financial material weakness in its internal control over unpaid tax assessments. However, planning for the Customer Account Data Engine 2 (CADE 2) Transition State 2 (TS2) has not included specific actions and activities necessary to guide new system development efforts and to […]
Audit Committee Members Say New Technologies Provide Vital Benefits
More than 75 percent of audit committee members and financial statement preparers surveyed believe there are significant benefits to auditors utilizing advanced technologies.
Thomson Reuters Issues Updates to Checkpoint Audit Portfolio
Thomson Reuters has released the 2015 editions of its widely-used series of audit guides and related practice aids for multiple industries, including commercial entities, nonprofit organizations, local governments, and employee benefit plans.
New Legal Confirmation Service Helps Auditors and Lawyers
The platform streamlines everything from preparing and post-dating letters for automated release, obtaining client approvals, tracking responses and receiving documented updates.
Group Offers Sustainability Accounting Standards for Consumption Industries
Example disclosure topics include food safety, labeling & marketing integrity, climate change adaptation, and supply chain management. The standards average six topics per industry, and 71 percent of metrics are quantitative.
AICPA Issues New Guide to Help CPAs Interpret and Apply SSARS No. 21
The new guide, available as an eBook and in print format, was written to assist CPAs in interpreting and applying SSARS No. 21, as well as to provide interpretative guidance and implementation strategies for all preparation, compilation and ...
Accounting Firm Launches Risk Management Solution for Financial Institutions
To help financial institutions more effectively manage model risk and respond to examiner expectations, Crowe Horwath LLP, one of the largest public accounting, consulting and technology firms in the U.S., has introduced the Crowe Model Risk Manager ...