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
2020 Review of AccountingSuite
Accounting Suite www.accountingsuite.com From the 2020 reviews of small business accounting systems. AccountingSuite is designed for small to mid-size businesses. Accessible from the cloud, AccountingSuite offers cloud banking, accounting and reporting, purchasing, project and time tracking, inventory management, and cloud commerce capability, with users able to choose the modules they wish to use. AccountingSuite’s user […]
2020 Overview of Sage Intacct
Sage Intacct Sage www.sageintacct.com From the 2020 reviews of small business accounting systems. Mid-sized and growing businesses may want to take a look at Sage Intacct. A cloud financial management application, Sage Intacct is ideally suited to growing businesses that need to manage multiple locations, whether those locations are local or global, with the application […]
AICPA Issues Updated Standard on Accounting Estimates and Disclosures for Auditors
SAS No. 143 is one piece of a larger project to enhance audit quality (see the AICPA’s Enhancing Audit Quality Initiative). It enables auditors to address today’s new accounting standards and to enhance the auditor’s focus ...
AICPA News: July 2020
AICPA News is a roundup of recent announcements from the association.
Felix Lozano Elected to Chair the International Digital Committee for Nexia International
Lozano is the Partner in Charge of Whitley Penn’s Dallas office, Director of the Firm’s Audit department, a member of the Firm’s Executive Committee and Compensation Committee. He is active in both the internal and external growth strategy of the firm.
New AICPA Audit Evidence Standard Recognizes Evolving Nature of Business
The new audit evidence standard enhances’ the auditor’s assessment of whether sufficient and appropriate audit evidence has been obtained and establishes a multi-faceted consideration of attributes and factors in evaluating such audit evidence.
Fundamentals for Compliance and Oversight in the Time of COVID-19
By getting back to basics, accounting and compliance professionals can help their organizations weather the crisis, ensure a faster recovery, and help them emerge in the strongest financial position possible once the crisis abates.
AICPA PFP Conference at ENGAGE 2020 Focuses on Financial Planning during COVID-19
The CARES Act, market volatility, Social Security strategies and the impact of COVID-19 on financial planning have brought numerous challenges and opportunities to the ever-changing financial planning landscape.