PCAOB July 9, 2026
Here’s Who’s Serving on the PCAOB’s Inspections Modernization Council
The Public Company Accounting Oversight Board on Thursday revealed the names of the 12 people who will serve on its new Inspections Modernization Council.
February 1, 2018
Technologies Driving Remote Auditing
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
Online Learning Center Guides Accountants from Compliance Services to Advisory Roles
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
How to Measure the True Cost of Paper Checks
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
AuditFile and Wiley Extend Partnership
Companies Expand Wiley Content Offered Through AuditFile’s Cloud-based, All-in-One Audit Program and Automation Platform.
January 22, 2018
Financial Execs Concerned About ICFR and Cyber Security
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 Launches Partner Program for Payables Automation
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
Blockchain & Bitcoin: Why The Accounting Profession Should take Notice
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
Seven Lease Accounting Lessons Learned from Early Implementation Projects
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 Company Audit Fees Increase by a Median 1.3 Percent
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
IIA Announces Key Updates to CIA Certification Exam
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 Indirect Tax Announces SOC 2 Type 2 Completion
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
How to Help Your Clients Avoid – Or Survive – A Sales Tax Audit
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 ...