Auditing

With cloud services, it is easier than ever to meet client demands and to set yourself apart from competing firms. While many firms are understandably resistant to change, the cloud’s benefits far outweigh the risks.

Pittsburgh City Controller Michael Lamb said today that the Department of Public Works needs to do a better job of keeping track of its inventory after an audit found equipment was missing.

Like most practitioners, I had trouble successfully billing for post-filing work. The reasons are complicated. It’s often an issue of back-and-forth time with clients or the IRS/state taxing authorities.

The "Big Four" accounting and consulting firm Ernst & Young LLP has received two industry honors in the accounting and auditing space. The firm has been named Best Accounting Firm by the HFMWeek 2013 U.S. Hedge Fund Service Awards for the fifth consecutive year, and ranked as the top global audit and accounting service provider by Hedge Funds Review for the third consecutive year.

Thomson Reuters recently released a new database designed to provide transparent, detailed data to transfer pricing professionals.

Analytical procedures are used by accountants in multiple levels of service, and they are critical to evaluating financial data and variations that occur in financial data. But selecting and documenting analytical procedures are subjective processes, so the area of analytical procedures is one that can cause frustration for accountants.

Offers C-Level Executives Considering an IPO Insight on Compliance and Regulatory Requirements

On Monday, Intacct announced the addition of a new social platform to its cloud financial management and accounting software.