Auditing
Latest News
INCPAS and NABA Launch Initiative to Strengthen Talent Pipeline in Indiana
New Jersey Society of CPAs Announces 10 Winners of its CPA Exam Fee Lottery
CFPB Finalizes Rule on Federal Oversight of Popular Digital Payment Apps
Charitable Giving is Feeling Squeeze of Tight Economy
Plastiq Announces First End-to-End Intuit QuickBooks Online Integration in the Payments Industry
The new integration will import invoices directly from QuickBooks, quickly identifying and populating all essential information such as vendor, amount due, invoice due date and more. Once the invoice has been paid through Plastiq, the platform will ...
A Focus on Goodwill & Asset Impairment Testing
As energy market capitalizations decline, addressing year-end goodwill and long-lived asset impairment testing will be paramount in 2021.
CES 2021 Gadget Highlights – The Biggest Technology Show of the Year
The International CES (Consumer Electronic Show) kicks off each New Year by showcasing the latest gadgets and technology trends projected for the coming year. While COVID forced the program to be 100% digital, it still provided a flood of product...
Individual CPAs Now Eligible to Apply for .CPA Website Domains
Using a .cpa domain allows practitioners to strengthen their brand identity in online communications and provides better security and resistance to Internet fraud, such as phishing and spoofing. And because the domain is only available to licensed CPAs...
Wolters Kluwer Adds Knowledge-Based Titles for Cloud-Based CCH Axcess Knowledge Coach
Additions include HUD Multifamily Housing Programs, Real Estate, as well as Preparations, Compilations, and Reviews (PCR) of Commercial Entities.
CPA.com and CaseWare Announce OnPoint Audit Beta Release
The beta release of OnPoint Audit is open only to select CaseWare Cloud and OnPoint A&A Suite customers, allowing these firms an early opportunity to move to complete cloud-only management of their audits. Firms that participate in this beta release ...
AICPA Issues Guidance on Performing Third-Party Attestations
The guidance clarifies when the practitioner is required to perform the assessment engagement in accordance with AICPA Statements on Standards for Attestation Engagements and also states that the Statement on Standards for Consulting Services may be ...
New Report Reveals Common Themes in SEC Enforcement of Financial Statement Fraud
The most common type of fraud incident was improper revenue recognition (43%). Reserves manipulation (24%), inventory misstatement (11%), and loan impairment issues (11%) were other common financial statement fraud schemes.