Technology March 9, 2026
AuditBoard is Now Optro
"From internal audit and cybersecurity to third-party risk and AI governance, our name now conveys the scale of enterprise risk we help solve for today," Optro CEO Raul Villar Jr. said.
September 5, 2017
Study Shows Sarbanes-Oxley Offers Early Warning of Corporate Fraud
Since its passage in 2002 in response to financial scandals that shook the corporate world, the Sarbanes-Oxley Act, or SOX, has been a constant target of criticism. And probably no provision of SOX has provoked more complaints than Section 404(b), ...
August 28, 2017
Wolters Kluwer Wins Top Honors in 2017 Golden Bridge Awards
In addition, Wolters Kluwer Tax and Accounting CEO Karen Abramson earned Silver and Bronze leadership recognition and two Bronze wins were awarded to CCH AnswerConnect for new product/service innovation.
August 28, 2017
Only One in Five Financial Risk Professionals Fully Comprehend FASB’s Hedge Accounting Updates
The Financial Accounting Standards Board (FASB) has issued guidance on hedge accounting that will better align accounting with the economics of strategies used by companies. The guidance is also expected to ease administrative burdens related to ...
August 28, 2017
4 New Members Appointed to FAF Private Company Council Board
The Board of Trustees of the Financial Accounting Foundation (FAF) has appointed four new members of the Private Company Council (PCC) to three-year terms that begin on January 1, 2018.
August 28, 2017
New FASB Update Focuses on Hedge Accounting Rules
The Financial Accounting Standards Board (FASB) has issued a final Accounting Standards Update (ASU) that will improve and simplify accounting rules around hedge accounting. The ASU is effective for public companies in 2019 and private companies in 2020.
August 22, 2017
Dr. Sean Stein Smith, CPA, CMA, CGMA, CFE – 2017 40 Under 40 Honoree
Dr. Sean Stein Smith, CPA, CMA, CGMA, CFE Age: 29Employer: Lehman College (CUNY)Title: Assistant ProfessorCity/State: New York City (Bronx), New Yorkhttps://www.linkedin.com/in/dr-sean-stein-smith-dba-cpa-63307444/ Listen to this podcast Professional Associations/Memberships (please include any leadership roles): NJCPA – He is a member of the NJCPA Content Advisory Board, Student Programs & Scholarship Committee, Emerging Leaders Council, Nonprofit Interest...…
August 22, 2017
Melisa Galasso, CPA, CGMA – 2017 40 Under 40 Honoree
Melisa F. Galasso, CPA, CGMA Age: 36Employer: Galasso Learning Solutions LLCTitle: OwnerCity/State: Charlotte, NCWebsite: www.galassolearningsolutions.comTwitter: @hoffmamf, @galassolearning Listen to this podcast Professional Associations/Memberships: AICPA – Technical Issues Committee Member, Leadership Academy Alum (2014) NCACPA – Past Chair A&A Committee, Past President Charlotte Chapter, Charlotte Women Initiative Co-Chair VSCPA – LEAD Task Force Member, Digital...…
August 22, 2017
Kevin Bong – 2017 20 Under 40 Honoree
Kevin Bong Age: 27 Employer: AuditFile, Inc. Title: Co-founder City/State: San Francisco, California Website: www.auditfile.com Twitter: @auditfile_team Kevin is a co-founder of AuditFile, where he works closely with Steven Bong to execute the Company’s vision for designing a simple-to-use, sophisticated audit automation solution that empowers firms to prepare for the future of auditing. AuditFile received...…
August 22, 2017
Steven Bong – 2017 20 Under 40 Honoree
Steven Bong Age: 30 Employer: AuditFile, Inc. Title: CEO City/State: Walnut Creek, CA Website: www.auditfile.com Twitter: @AuditFile_team Steve is a co-founder and head of development for AuditFile, which introduced the profession’s first complete, cloud-based audit automation solution. Prior to starting AuditFile in 2011, Steve used his degree in statistics from UC Berkeley as an analyst in the financial services...…
August 22, 2017
AICPA Supports New Credit Union Audit Report Policy
The American Institute of CPAs supports the National Credit Union Administration’s focus on the overall integrity of audit report submissions, and recently worked with the regulatory body to remove obstacles to the implementation of a new policy designed
August 22, 2017
New Guide Focuses on Revenue Recognition
Thomson Reuters has released PPC’s Guide to Revenue Recognition, providing in-depth and practical guidance for accountants and their clients on the new requirements for how and when revenue is recorded. These changes will impact financial reporting ...
August 21, 2017
Steven Morrison, CPA – 2017 40 Under 40 Honoree
Steven Morrison, CPA Age: 39Employer: MBAFTitle: PrincipalCity/State: Miami, FloridaWebsite: https://www.linkedin.com/in/stevenmorrisoncpa Listen to this podcast Professional Associations/Memberships: AICPA Auditing Standards Board (“ASB”) Board member SAS No. 132 Task Force Chair FICPA Educational Foundation, Board of Trustees University of Florida Accounting Conference (2018 chair) Miami-Downtown Chapter, past board member and past chair Accounting Principles and Auditing Standards,...…