Auditing

 July 2017 Accounting & Audit Channel

July 21, 2017 

July 2017 Accounting & Audit Channel

Sixty-three percent of CFOs surveyed say they are expect revenue growth, one of the highest levels in the survey’s history, and only 18 percent claim a bias toward cost reduction, for a survey-high net value of plus 45 percent.

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July 19, 2017 

2017 Review of Denali FUND Nonprofit Accounting

Denali FUND Nonprofit Accounting from Cougar Mountain Software is well suited for small to mid-sized nonprofit organizations and government entities. A modular system, Denali FUND is scalable, so even the smallest nonprofit can utilize the product and sca

Mary Girsch-Bock

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July 16, 2017 

GASB Sets Single Approach for Lease Financial Reporting

The Governmental Accounting Standards Board (GASB) has issued guidance that establishes a single approach to accounting for and reporting leases by state and local governments. This single approach is based on the principle that leases are ...

 KPMG and Microsoft Partner for Digital Solutions and Audit

July 10, 2017 

KPMG and Microsoft Partner for Digital Solutions and Audit

KPMG International and Microsoft have announced two important strategic initiatives that will expand the scope of their global alliance: providing clients with a portfolio of digital solutions, and enabling KPMG's smart audit platform, KPMG Clara ...

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June 27, 2017 

Businesses Expect New Challenges on Lease Accounting

Most companies anticipate challenges to operationalize the required changes to comply with the new lease accounting standard, which will bring onto the balance sheet operating leases for assets such as real estate and transportation, IT and ...

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June 27, 2017 

Intacct and OANDA Extend Partnership

Intacct and OANDA have extended their partnership on foreign exchange data services. The terms of the new agreement renew the trust in OANDA’s Exchange Rates API and solidify the OANDA Exchange Rates as the default rates in the Intacct cloud ERP system.

 Public Company CPAs Alliance Formed

June 27, 2017 

Public Company CPAs Alliance Formed

The accounting firm Thayer O’Neal Company, LLC of Houston, Texas has banded together with three other firms to form the basis of the Public Company CPAs Alliance (PCA). PCA is a nationwide network of CPA firms devoted to serving small and medium sized...

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June 27, 2017 

June 2017 Accounting & Audit Channel

A SOC 2 attestation focuses on an organization’s controls in areas such as operations and compliance. It is performed in accordance with AT Section 101: Attest Engagements, and this report is generally best suited for financial services, health care ...

Mark Hurst