October 21, 2014
The Internal Revenue Service (IRS) will not meet the Department of the Treasury’s 2015 goal for full compliance with a directive requiring Federal agencies to issue identification cards that allow workers to gain access to Federally controlled facilities
October 20, 2014
The report provides an overview of the AICPA’s Accounting and Review Services Committee’s new standard, which clarifies and revises the Statements on Standards for Accounting and Review Services (SSARS).
October 9, 2014
The IRS field workload selection process is not designed to ensure that cases with the highest collection potential are identified, selected, and assigned to be worked, according to a new report.
October 9, 2014
One of the most nerve wracking aspects about tax season for millions each year is the possibility of being audited. For small business owners and those who are self-employed, the chance of being audited is even greater.
September 4, 2014
New Visualization Capabilities Allow Audit, Risk, and Compliance Professionals to Deliver Data Interpretations That Matter to the Business
August 27, 2014
The Center for Audit Quality (CAQ) has released the Professional Judgment Resource, a guide designed to provide auditors with an example of a decision-making process to facilitate important auditing and accounting judgments in a professionally skeptical manner.
August 26, 2014
A new accounting firm case study examines the challenge of "over-auditing," and the effects it can have on efficiency.
August 8, 2014
Building on CPAs’ long-standing commitment to provide high-quality services that protect the public, the American Institute of CPAs (AICPA) has issued a discussion paper for all stakeholders in the audit process of private entities. The discussion paper summarizes the Institute’s multi-faceted effort that is designed to help auditors excel in a fast changing and complex…
August 4, 2014
A majority of U.S. taxpayers view tax scams as a major issue for them, with 78 percent of Americans believing they are vulnerable and could become a victim.
July 30, 2014
The acquisition reinforces Confirmation.com’s position as the global provider of secure online audit confirmation services and brings in ProConfirm’s local expertise of the UK and European markets.
July 30, 2014
The changes, which take effect December 15, 2014, are meant to address unintended changes to previous practice as a result of its Clarity Project.
July 10, 2014
Alleged violations involved ignoring or failing to properly address signs of improperly recognized revenue in significant unusual transactions.