Auditing

February 14, 2018 

With the rise of the digital economy, businesses are susceptible to new points of entry for potential fraud and other risks each day. Current detection measures leave investigators with too many false positives and more work than existing processes ...

February 9, 2018 

Though many recognize that implementing a modern cloud enterprise resource planning (ERP) system is an obvious answer — many that take start the transition are surprised by marginal improvements, slow user adoption, and unchanged processes that still ...

Tom Kelly

February 8, 2018 

Two conferences have been added to the AICPA ENGAGE lineup this year – the EDGE Career Development Conference, designed for standout young CPAs, and the CPA Firm Management Association’s National Practice Management Conference – bringing the total ...

February 8, 2018 

In accounting, the term "familiarity threat" refers to the threat to auditor independence that arises when a CFO or other top executive of a company being audited was formerly employed by the accounting firm conducting the audit. In the years leading ...

February 1, 2018 

On-site auditing has been the customary default since the dawn of accounting. It’s worked reasonably well, though time and cost considerations – both from the company and firm’s vantages – typically took secondary focus to successful audit completion, ...

January 29, 2018 

ProfitCents University is designed to guide CPAs and accounting professionals through a step-by-step transition from a focus on compliance services, such as tax and audit, to higher-profit advisory work and value-added services. Accounting profession ...

January 23, 2018 

One of the reasons is that the only measure of success for the payments process at most companies is making sure all the bills get paid on time. It’s hard to make a case for change until you define and quantify the problem—and evaluate how much better ...

January 22, 2018 

Companies Expand Wiley Content Offered Through AuditFile’s Cloud-based, All-in-One Audit Program and Automation Platform.

January 22, 2018 

Internal controls over financial reporting (ICFR) and cyber security risks are growing concerns for executives responsible for reporting corporate financial performance, says a new survey by U.S. audit, tax and advisory firm KPMG LLP.

January 22, 2018 

Tipalti’s Partner Program will make it easy for partners to reduce their client’s supplier payment workload by up to 80 percent, strengthen financial and compliance controls, mitigate fraud and compliance risk, improve AP visibility, and accelerate ...

January 22, 2018 

Bitcoin, which has been plastered all over the news lately, is the new green – as in currency. Since Bitcoin’s founding in 2009, the cryptocurrency has had many ups and downs. Currently, at the time of this writing, Bitcoin is sitting above $10,559 per to

January 16, 2018 

The implementation dates for FASB’s ASC 842 standard are quickly approaching. Yet, most companies adopting the new standard haven’t even reached the halfway point in their implementation projects. However, there are a few early movers who have made ...