Auditing
Latest News
IRS to Host Virtual Focus Groups on the Business Tax Account Online Tool
GASB Proposes Guidance on Subsequent Events
FASB Issues Post-Implementation Review Report for Its Revenue Recognition Standard
Newsom: California Will Offer EV Rebates if Trump Cuts Federal Tax Credit
FASB Not-for-Profit Advisory Committee Meeting Recap
The FASB Not-for-Profit Advisory Committee (the Committee) held its semiannual meeting on September 10, 2020. Due to the COVID-19 pandemic, the meeting was held via video conference.
Grant Thornton Launches alyx Platform
The alyx platform uses a ‘concierge-enabled’ system that, while automated, methodically shares business problems with teams of subject-matter specialists and technologists. These teams subsequently develop solutions by combining know-how in ...
Nonprofit Charitable Solicitation and Financial Statement Requirements
This has created a patchwork of diverse and at times complex reporting requirements for nonprofits of all sizes. In particular, statutory thresholds for audited and reviewed financial statements not only vary greatly by state, but also can cause unanticip
Accounting for a Sustainable World: Why Quality Disclosure is Required
The unprecedented challenges posed by COVID-19 have reminded us that we are an interconnected global community. While this crisis rightly has dominated our attention, we must not lose sight of progress on the broader aims of the ...
QuickBooks Desktop 2021 Offers More Automation to Save Time and Boost Productivity
QuickBooks Desktop (QBDT) 2021 delivers enhancements to become even more of the ‘go-to solution’ for accounting firms who want to help their clients succeed and grow their businesses.
Illinois CPA Society Announces 2020 Women to Watch
Each year, the Women to Watch Awards are presented in two categories, Experienced Leader and Emerging Leader, to recognize outstanding women who are committed to making significant contributions to the CPA profession, their organizations, and to ...
How COVID-19 Unexpectedly Advanced the Future of Auditing
All the lessons we’ve learned from the pandemic so far have played a role in disrupting the status quo and the same holds true for the auditing profession. As those in the profession are all too aware, we have audited the same way for decades.
Armanino Provides Real-Time Attest to Leading Digital Asset Investment Firm CoinShares
Public and open visibility into reserves, combined with on-demand attest reporting, creates a new standard of trust for the crypto and digital asset industry. Investment firms now have a reliable tool to ...