Specialized Tools Aid in Audit Engagements

September 5, 2014 

Specialized Tools Aid in Audit Engagements

Audits are not the realm of only the Big 4 and other very large practices. Many small and mid-sized firms also offer A&A services to their clients. But audits can certainly be complex and labor intensive, not to mention the considerable regulatory obligations that accompany them. With the right tools and services, such as those…

Dolinar

September 3, 2014 

Jim Dolinar to Head AICPA Financial Reporting Executive Committee

Dolinar, 55, is managing partner of the Assurance Professional Practice, national office of Crowe Horwath LLP, Chicago, Ill. As chairman, he will head one of the Institute’s most important volunteer bodies. It serves as the AICPA’s official voice on financial reporting matters and develops industry-specific accounting guidance. The committee’s membership includes representation from business and…

Isaac M. O'Bannon

 FASB Commended for Update to Financial Guidance Reporting of Going Concern Entities

September 2, 2014 

FASB Commended for Update to Financial Guidance Reporting of Going Concern Entities

"“The CAQ commends FASB for its efforts in developing a standard that provides guidance regarding a preparer’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern, and, where required, to provide footnote disclosures about going concern uncertainties each reporting period," said executive director Cindy Fornelli.

Isaac M. O'Bannon

 AICPA Looks for Ways to Enhance Audit Quality

August 8, 2014 

AICPA Looks for Ways to Enhance Audit Quality

Building on CPAs’ long-standing commitment to provide high-quality services that protect the public, the American Institute of CPAs (AICPA) has issued a discussion paper for all stakeholders in the audit process of private entities. The discussion paper summarizes the Institute’s multi-faceted effort that is designed to help auditors excel in a fast changing and complex…

Isaac M. O'Bannon