Auditing

April 24, 2017 

With over $783 billion in annual sales in 2016, the restaurant industry might seem like a no-brainer as an accounting firm’s industry vertical. However, without the ability to speak the language they need to hear, you might be missing out and be ...

Becky Livingston

April 24, 2017 

Almost ten years after the 2008 financial crisis, risk management is evolving, shifting away from a purely protective mindset. In the old paradigm, risk was managed traditionally by the “second line” of defense in an organization.

April 21, 2017 

Perhaps no issue in contemporary accounting has drawn more attention than that of mandatory auditor rotation – whether companies should be required, in the cause of sound financial reporting, to periodically change audit firms or audit-firm engagement ...

April 21, 2017 

The new module helps accounting organizations uncover bottlenecks in their month-end closes and identify trends to streamline and better manage the process. FloQast is a provider of close management software created by accountants for accountants.

April 20, 2017 

The firm learned in late February, from an internal source, that an individual who had joined KPMG from the PCAOB subsequently received confidential information from a then-employee of the PCAOB, and shared that information with other KPMG personnel.

April 20, 2017 

This proposed SAS addresses the auditor’s responsibilities to form an opinion and report on the financial statements of ERISA plan financial statements, and the form and content of such reporting, including reporting on specific plan provisions ...

April 19, 2017 

Designed and built with middle market businesses in mind, Tax Prodigy Provision was created by tax professionals to give tax professionals the security and confidence they need to focus on critical tax items instead of being held back by over ...

April 13, 2017 

For more than 50 years, the annual seminars, hosted by the Deloitte Foundation and the American Accounting Association, have provided cutting-edge resources and hundreds of case studies that keep university faculty and their students connected to the ...

April 12, 2017 

The next generation Exam, which began testing on April 1, has added additional assessment of higher-order cognitive skills that test a candidate’s critical thinking, problem solving and analytical ability. The Exam also makes greater use of task-based ...

April 10, 2017 

Wolters Kluwer Tax & Accounting announced today that it has signed an exclusive and strategic license with Validis Holdings Limited, a UK and US-based company known for its data extraction and analytics software used in the accounting and lending ...

April 7, 2017 

The enhancement empowers AuditFile users to dynamically create and edit files with the .xlsx and .docx extensions from within AuditFile’s cloud environment, without the need to download or use desktop Office tools. Additionally, multiple users can work...

March 29, 2017 

Financial statement audits, essential to helping the capital markets function effectively and with confidence, are helping today’s business leaders improve the performance and operational processes of their companies, according to a new Deloitte survey.