Accounting

July 13, 2020 

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 ...

July 13, 2020 

A fervent advocate for diversity and inclusion, Amy Pitter, president and CEO of MSCPA, said business leaders have a responsibility to tackle racism in the workplace. “The Society denounces all forms of racism and remains committed to a mission that ...

July 9, 2020 

AICPA News is a roundup of recent announcements from the association.

Isaac M. O'Bannon

July 9, 2020 

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.

July 9, 2020 

Business valuations are forward-looking and there are multiple approaches to them. An income approach to valuation applies an opportunity cost of capital to an expected future benefit stream, such as cash flows or net income, while a market approach ...

July 9, 2020 

The biggest mistake an investor can make is an impulsive one, which all too often can lead to regret. We strongly encourage clients to take time to think about the news before acting on their impulses.

July 9, 2020 

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.

July 8, 2020 

Whether you’re back on Main Street or still working from the couch— it’s the law to prove client data is protected. Learn how to secure the data clients depend on, while making work-from-home easier, today.

July 8, 2020 

AP teams have been laboring under manual work and partially automated processes for so long; it's hard to imagine someone taking all that work off their plate. But that's precisely what we do.

July 8, 2020 

W.G. Spoor, CPA, PFS, CGMA, and partner at St. Petersburg-based accounting firm Spoor Bunch Franz (SBF), is the 2020-21 chair of the Florida Institute of CPAs (FICPA), effective July 1.

July 7, 2020 

When businesses are connected to a tax and accounting professional, they are more financially stable, more creditworthy, and twice as likely to succeed than businesses that attempt to navigate the waters on their own.

July 7, 2020 

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.