Auditing

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June 8, 2015 

10 Lean Six Sigma Audit Considerations

The application of Lean Six Sigma principals has helped countless organizations objectively re-evaluate and streamline their production processes. Lean Six Sigma is a consulting methodology gaining favor in the accounting profession for its focus not ...

Roman Kepczyk

 How to Handle Short Time-Frame Tax Audits

June 5, 2015 

How to Handle Short Time-Frame Tax Audits

As if getting audited wasn’t bad enough, now the IRS has added a new twist: the short timeframe audit. With these types of audits, it is possible that an audit case could be closed by the IRS before your client has a chance to show you the letter. This ar

Dave DuVal

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May 19, 2015 

NASBA and AICPA Propose Revisions to CPE Standards

The National Association of State Boards of Accountancy (NASBA) and the American Institute of CPAs (AICPA) today issue proposed revisions to the Statement on Standards for Continuing Professional Education (CPE) Programs (Standards) for public comment. Pu

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May 14, 2015 

AICPA Has 6-Point Plan to Improve Audit Performance

The American Institute of CPAs (AICPA) has released a Six-Point Plan to Improve Audits that provides a roadmap for the profession’s continued journey to audit excellence. The plan concentrates on financial statement audits for private companies ...