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New Tools Focus on Effective, Efficient International Audits
This new product provides practitioners with all of the practice aids they need to perform their international audits effectively and confidently. Since these tools work with PPC’s SMART Practice Aids Audit Suite, the new solution is easily integrated int
New BEPS Resource Center from Wolters Kluwer, Tax & Accounting US
These resources were developed in major part to prepare professionals who advise clients in complying with the Organization for Economic Co-operation and Development’s (OECD) BEPS Action Plans, which are set to begin in 2016. The BEPS solutions, which ...
Wolters Kluwer, Tax & Accounting Offers New, Integrated Audit Tools for Greater Efficiency
Supported by an intuitive foundation of Knowledge-Based Audit (KBA) Methodology, the integrated audit approach focuses on auditor judgment to drive the overall audit process — not older, pre-defined checklist methods. KBA methodology improves risk-based a
2015 AICPA Governing Council Recap
The AICPA governing Council's fall 2015 meeting took place this week and focused on the profession’s resilience and relevancy in a time of ongoing complexity and change. Several presentations helped Council members explore the need for the ...
New Content Helps Accounting Pros with Changes to Financial Reporting Requirements
The FASB has a project underway to improve accounting rules for financial instruments and is expected to issue a final standard in late 2015 to make targeted improvements to existing Generally Accepted Accounting Principles (GAAP).
Financial Audit Fees Rose 3.4 Percent In Last Year
Fees paid by public and private companies to outside financial auditing firms increased from 3 to 3.4 percent over the last year, according to a report from the Financial Executives Research Foundation.
Deloitte Wins Audit Innovation of the Year Award
International Accounting Bulletin’s “Audit Innovation of the Year” award recognizes organizations that make a major impact on audit quality and client service. Entries were judged based on demonstrated improvements in quality; efficiency, accuracy, and...
FASB Seeks Changes to Financial Statement Disclosures Required by GAAP
The Financial Accounting Standards Board (FASB) has issued two exposure drafts related to its disclosure framework project. The public, including accounting professionals and other stakeholders, have until December 8, 2015, to review and comment on ...