Auditing May 15, 2026
Group Audits: Why Complexity Persists and Why Judgment Still Matters Most
Under new, risk-based standards, group auditors still face critical judgements about complex matters.
December 11, 2018
Men More Likely to Commit Expense Fraud than Women
The large disparity may just come down to gender differences in risk-taking behavior. In a 2004 experiment, researchers designed a computer game involving gambling and risk and found significant differences in the way men and women perceived ...
December 10, 2018
Do Public Companies Manipulate Cash Flow Benchmark to Boost Credit Ratings?
In the early period of performance pricing, creditworthiness (and, therefore, rates) were determined principally by accounting metrics, most commonly the ratio of company debt to earnings, with grids specifying higher rates as a firm’s ratio increased ...
December 10, 2018
Why and How: Emerging Technology Strategies
We’ve been through a year together learning about Emerging Technologies. While there will always be new technology, we are not likely to go through a period of time again anytime soon where the algorithms are changing so rapidly and the new ...
December 10, 2018
Which Industries Have the Most Expense Report Fraud?
Professional services organizations typically have some of the most demanding requirements for employee expense management. Not only can employees in professional services bill their employers, they also bill their clients for certain expenses ...
December 7, 2018
Deficit, Tariffs and Interest Rates Worry U.S. Business Executives
Some 57 percent of survey respondents expressed optimism about the U.S. economy over the next 12 months, down 12 percentage points from last quarter and a steep decline from the post-recession high of 79 percent set at the start of the year.
December 7, 2018
AICPA and NASBA Renew Mutual Recognition Agreement with Australia and New Zealand
The American Institute of CPAs (AICPA) and the National Association of State Boards of Accountancy (NASBA) have renewed a Mutual Recognition Agreement (MRA) with the Chartered Accountants of Australia and New Zealand (CA ANZ).
December 7, 2018
Trust and Business Insight are More Critical than Ever in the Digital Age, CPA.com CEO Says
Technology is transforming all major practice areas within the accounting profession, and CPAs will increasingly adopt a more strategic role in delivering trusted information and insights, the chief executive of CPA.com said.
December 7, 2018
KPMG Moves into Small Business Tax and Accounting Services with Spark
Big 4 accounting and business consulting firm KPMG LLP, is making a play for the small business tax and accounting services market with the launch of a new online system called KPMG Spark. The service is the result of the acquisition by KPMG of the ...
December 7, 2018
AICPA Awards $120,000 in Scholarships to Community College Transfer Students
The scholarship is given each year to exemplary students transferring from a two-year college to a four-year college or university to finish their accounting degrees. Twenty-four students will receive $5,000 each toward their tuition.
December 7, 2018
WICPA Announces New President & CEO
Hofstede has been with the WICPA for 26 years, having joined the organization as an accounting intern in 1992. Since then, she has held the positions of accounting assistant (1993-1995); accounting, legislative, foundation & technology ...
December 7, 2018
Accounting Students Win PwC Case Competition
The group’s winning presentation focused on a case in which a media company had recently acquired a theme park that included a gaming subsidiary. The students were tasked with determining if the company should continue funding the gaming subsidiary ...
December 6, 2018
Chargify Acquires ProRata
As subscription businesses begin to use billing as a competitive edge, constant change creates complexities and downstream implications for finance teams. Additionally, the ASC 606 and IFRS 15 accounting standards that were announced in 2014 will be ...