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.
October 9, 2014
Fraud and the Cost of Complacency
Fraud costs businesses billions directly, but what is the cost of complacency? Research conducted by the Association of Certified Fraud Examiners (ACFE), the world’s largest anti-fraud organization, indicates that the longer a fraud lasts before it is ...
October 9, 2014
5 Tips to Help Small Businesses Reduce Risk of a Tax Audit
One of the most nerve wracking aspects about tax season for millions each year is the possibility of being audited. For small business owners and those who are self-employed, the chance of being audited is even greater.
September 29, 2014
Thomson Reuters and KPMG Partner to Help Automate Trade in Latin America
Thomson Reuters and KPMG LLP, the U.S. audit, tax and advisory services firm, are combining their services and technology to help companies moving goods across borders in Latin America comply with trade and customs regulations.
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…
September 4, 2014
ACL Releases ACL Analytics 11 and ACL Analytics Exchange 5
New Visualization Capabilities Allow Audit, Risk, and Compliance Professionals to Deliver Data Interpretations That Matter to the Business
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…
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.
August 27, 2014
New Tool Helps Auditors Avoid Judgment Tendencies, Traps, and Biases
The Center for Audit Quality (CAQ) has released the Professional Judgment Resource, a guide designed to provide auditors with an example of a decision-making process to facilitate important auditing and accounting judgments in a professionally skeptical manner.
August 26, 2014
Accounting Firm Case Study Looks at Challenge of Over-Auditing
A new accounting firm case study examines the challenge of "over-auditing," and the effects it can have on efficiency.
August 20, 2014
Review Assesses Implementation of GASB Capital Asset Impairment Standard
An accounting standard for state and local governments that addresses the impairment of capital assets and insurance recoveries provides important information to users of financial statements and resolves some but not all of the issues underlying its purpose.
August 11, 2014
AICPA Recognizes Michigan Gov. Snyder with Impact Award
Michigan Governor Rick Snyder, a credentialed Certified Public Accountant, has received the American Institute of CPA's 2014 Outstanding CPA in Government Impact Award: State Level.
August 8, 2014
Professionals on the Move – August 8, 2014
A weekly roundup of professionals in the tax and accounting profession that have changed jobs and/or been promoted.