Auditing

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 ...

January 16, 2018 

Public companies reported a median increase of 1.3 percent, compared with 1.6 percent in 2015. Private companies reported a median increase of 3.7 percent, compared with 2.9 percent for 2015 audits. Non-profit respondents reported a median increase ...

January 16, 2018 

The Institute of Internal Auditors (IIA) has announced important updates to the Certified Internal Auditor (CIA) Examination. The CIA exam is a three-part exam designed to test candidates’ knowledge, skills, and abilities related to current global ...

January 16, 2018 

Vertex Cloud’s SOC 2 report validates the security of hosted solutions and helps satisfy customer requirements. This includes obtaining assurance over third-parties who host their data and the effectiveness of the solution’s compliance or operations ...

January 7, 2018 

Many small and mid-size businesses hire accountants and bookkeepers with the expectation they’ll help prevent an audit. Unfortunately, you can’t guarantee your clients won’t be audited for sales and use tax. No one can: States need sales and use tax ...

Gail Cole

January 5, 2018 

The AICPA noted in its letter that “Treasury and the IRS have not provided all of the necessary procedures and guidance for taxpayers to make informed decisions,” even though the effective date has now passed. The effective date was December 31, 2017 ...