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.
June 20, 2017
Unraveling the Late Payment Challenge Through Automation
Businesses across all industries work with multiple partners, vendors and suppliers to support the need to serve customers. One-third of the businesses in the United States, Canada, Mexico and Brazil report that 20 percent of their client invoices value is more than 90 days overdue, according to the Payment Practices Barometer Americas. [1] Late payments...…
June 19, 2017
2017 Review of Chrome River
Chrome River Mercury is the latest version of Chrome River’s expense management application that is well suited for larger businesses and global organizations. Along with expense management, Chrome River also offers Invoicing, Auditing, and ...
June 19, 2017
Thomson Reuters Launches Checkpoint Learning Compilation and Review Certificate Program
Thomson Reuters has launched the Checkpoint Learning Compilation and Review Certificate Program, which covers the essentials for practitioners performing compilation, review and preparation engagements using the proper standards. It also covers ...
June 19, 2017
2017 Review of Expensify
Expensify is a good fit for businesses of just about any size. The product offers increasing levels of functionality depending on user requirements. Expensify can track a variety of expense types, as well as time and mileage.
June 19, 2017
6 Reasons for Implementing an Expense Management System
Forty-six percent of respondents to a recent survey said they still submit their expenses manually - stuffing their pockets, wallets and briefcases with wrinkled receipts. These bunched up pieces of paper then get stapled to printed spreadsheets that ...
June 19, 2017
Taking the Pain Out of Expenses
Most accountants I know like helping people and contributing to making their businesses successful. Even though many accountants deal with the details of compliance through financials, tax and audit, most aren’t fans of the drudgery of the work that ...
June 13, 2017
Phoenix CPA Honored with AICPA Scholarship for Information Management and Technology Assurance
An audit associate from Phoenix, Ariz., is the recipient of this year’s Young CPA Scholarship from the American Institute of CPAs’ Information Management and Technology Assurance (IMTA) Section. The scholarship covers the registration fee and travel expenses to AICPA ENGAGE, currently underway in Las Vegas. Corbin Smith, 26, is a CPA with Sarvas, Coleman, Edgell...…
June 13, 2017
Want to Bring More Services to Your Clients? There’s A FinTech for That
It used to be that a typical CPA firm did their clients’ taxes, and prepared their P&L and financial statements, and that was that. These days, there are few “typical” CPA firms left. As they seek to diversify, differentiate and grow by offering their ...
June 13, 2017
AICPA Requests Delay in Effective Date for New Partnership Audit Regime
Nellen noted that the process of developing the necessary framework to operate the Regime is still in a very early stage. “The AICPA believes that it is unlikely that all the procedures and guidance necessary for taxpayers to make informed decisions ...
June 12, 2017
Revenue Recognition, Cybersecurity and PCAOB Inspection Reports Found to be Influencing Forces on Companies’ SOX Compliance Efforts
The annual Sarbanes-Oxley (SOX) Compliance Survey released by global consulting firm Protiviti today reveals a new set of challenges facing public companies amid their compliance efforts. PCAOB audit requirements, new revenue recognition standards and ...
June 12, 2017
How to Detect Accounts Payable Fraud
Vulnerabilities in AP have serious consequences. According to the 2016 Report to the Nations on Occupational Fraud and Abuse conducted by the Association of Certified Fraud Examiners (ACFE), AP fraud accounted for nearly half of all reported fraud cases.
June 9, 2017
8 Steps to Compliance with New Revenue Recognition Standards
For most companies and financial organizations, all eyes may be on regulatory changes and tax reform. But as we approach mid-year, public and private entities must also prepare for adoption of new revenue recognition standards established by the Financial Accounting Standard Board (FASB) and International Accounting Standards Board’s (IASB). The deadline for implementation of the...…