Auditing

September 8, 2017 

Among other things, in a selected procedures engagement, the practitioner may determine the procedures to be performed and no party would be required to take responsibility for the sufficiency of the procedures. This allows the practitioner to perform ...

September 6, 2017 

This new release is now fully supported to run on browsers such as Chrome, Safari, Firefox, and Edge. It also includes dramatic improvements across the board such as powerful breakback functionality for added flexibility and accuracy; enhanced ...

September 5, 2017 

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 

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 

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 

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 

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 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 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 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 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 

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