Auditing December 19, 2025
PCAOB Censures and Fines Texas Firm for Audit Failures
Sugar Land, TX-based accounting firm TPS Thayer was sanctioned on Dec. 4 for violations that include failing to supervise an unregistered China-based firm.
June 26, 2019
New Survey Finds SOX Compliance Lagging in Use of Data & Automation
Among companies that reported an increase in their SOX compliance hours, 59 percent reported the number of hours went up by more than 10 percent over the prior year.
June 26, 2019
VC Firms See Slight Improvement in Diversity
This year’s report found that about one-third of VC firms have a diversity strategy (32 percent) or an inclusion strategy (31 percent), a slight improvement from the first edition of the survey published in 2016, in which less than 20 percent of firms ...
June 24, 2019
Retail Group Warns Tariffs Could Hurt 2019 Holiday Shopping Season
As part of monthly consumer surveys conducted by Prosper Insights & Analytics, NRF has been tracking the public’s growing concern over the trade war. The June survey found 81 percent of consumers are “concerned the ongoing trade war will cause prices ...
June 24, 2019
Female Leaders in Accounting and Finance Look to Break the “Green” Ceiling
Embark’s inaugural GALf clinic, along with First Tee of Austin, brought together 15 female business leaders. The clinic was specifically designed for novice players where they learned golf basics, etiquette and skills from a female golf pro, followed ...
June 24, 2019
Can I Expense That? LOL: The Most Absurd Expense Report Items
Finance departments continually develop rigorous expense reporting guidelines, but that hasn’t stemmed the flow of eyebrow-raising requests by some employees, new research suggests. In a new survey, 56% of CFOs cited an increase in the number of inappropriate reimbursement submissions over the last three years. Some of the more egregious infractions included a cow, Super...…
June 24, 2019
Commercial Construction Industry Sees Increase in Business Confidence
More than half of contractors (52%) are highly confident about the ability of the market to provide new business opportunities in the next 12 months, an 11% increase over last quarter's findings. The backlog ratio—comparing contractors' average ...
June 24, 2019
Manufacturing Companies Struggling to Hire
The vast majority of American manufacturing companies are small businesses, and 75.3% of those businesses have fewer than 20 employees, according to new data gathered by SCORE, mentors to America's small businesses.
June 21, 2019
CFOs Expanding Role in Management
A notable development in corporate governance over the past two decades is that chief financial officers have considerably expanded their role in management, in many instances assuming the additional position of chief operating officer.
June 21, 2019
Thomson Reuters to Acquire Audit Company Confirmation
Thomson Reuters has acquired Confirmation, a leading provider of secure audit confirmation services. Confirmation has a 19-year history of providing digital confirmation services to more than 16,000 audit firms, 4,000 banks and departments and 5,000 ...
June 21, 2019
Private Companies Face Pressure on Lease Accounting Transition
Most private firms that have started or completed the transition expect to seek additional help in upcoming years, the survey shows. Approximately 6 in 10 CFOs (61%) said they will use a combination of external and internal resources or external ...
June 19, 2019
Supporting Strategies Partners wtih Expensify to Streamline Expense Reporting
Supporting Strategies is the latest major name in the accounting and bookkeeping profession to join the ExpensifyApproved! Partner Program, which includes firms such as CLA, Wipfli, and BPM. The program offers partner discounts, access to client ...