Technology

January 16, 2017 

The switch from SSAE 16 to SSAE 18 will have an impact on companies who currently perform the SSAE 16 audit, but will have an even greater impact on those companies who are considered third party vendors to other businesses, and currently do not ...

January 16, 2017 

Big Four accounting firm KPMG LLP has unveiled plans to build a state-of-the art learning, development, and innovation facility to further enhance the world-class training capabilities it offers to its partners and professionals. The 55-acre campus ...

January 15, 2017 

With the global Gen Z population set to reach 2.6 billion by 2020, retailers need to create more interactive engagement around their brands to serve the “always on,” mobile-focused, high-spending demographic, according to the study.

January 12, 2017 

Traditional accounting practices relying on non-integrated accounting systems, beware. Today’s competitive financial services world demands actionable insights that improve efficiency and drive revenue. You may find yourself overtaken by accounting ...

January 11, 2017 

It is estimated that in 2017, more than $94 billion will be invested in security solutions, per industry analyst forecasts, yet nearly half of organizations report having had a breach either internal or external in the last twelve months.

January 10, 2017 

In assessing the compliance burdens of the current tax code, the Taxpayer Advocate Service (TAS) analyzed IRS data and determined that individuals and businesses spend about six billion hours a year complying with the code’s filing requirements ...

January 10, 2017 

The AICPA, the American Society of Appraisers (ASA) and RICS (Royal Institution of Chartered Surveyors) are offering a new credential that will enhance the quality, consistency and transparency of fair value measurement results in financial reporting.

January 9, 2017 

A regulation to be implemented January 31 in the U.S. requiring accounting firms to identify the principal engagement partner in corporate audits should be a solid plus for investors and regulators, a new study suggests.

January 9, 2017 

This report comes on the heels of the release of the latest AICPA peer review findings, which were identified during peer reviews of firms that perform audit and attest engagements. The focus of peer reviews is to assess and improve audit quality and ...

January 9, 2017 

Traditional ACH payments are conducted over a wire transfer and take anywhere between one and two working days to clear – a manual, costly and time consuming process unpractical for smaller payments. In 2016 NACHA launched the first phase of Same Day ...

January 9, 2017 

Hosted by CPA Practice Advisor, the annual event gathers brings these thought leaders together to discuss emerging trends, technologies and workflow practices that will influence the profession, professionals and clients in the years to come.

January 8, 2017 

Overall, audit committees are largely satisfied that their agendas are properly focused on legal and regulatory compliance issues, maintaining internal controls over financial reporting, and key assumptions underlying critical accounting estimates.