January 12, 2016
Audits don’t have to be priced on a fixed basis. You can quote a fee range and state conditions that will result in additional fees such as extra work requested by client, client doesn’t deliver data and documents as requested and unforeseen ...
December 15, 2015
There is one tax saving approach we can always assist our clients with, and that is educating them about tax penalties. What follows is a list of the most punitive tax penalties along with simple tips on making sure your clients are never ...
November 22, 2015
TIGTA found that the IRS has taken a number of actions to help to ensure tax compliance of high-income taxpayers. The IRS adopted a High-Income and High-Wealth strategy to audit more tax returns related to these individuals. The resulting audit ...
November 16, 2015
The AICPA-CIMA Competency and Learning website, a joint project of the AICPA and CIMA, initially launched earlier this year as a tool for Chartered Global Management Accountant® (CGMA®) designation holders to expand their skills and build rewarding ...
November 12, 2015
This new product provides practitioners with all of the practice aids they need to perform their international audits effectively and confidently. Since these tools work with PPC’s SMART Practice Aids Audit Suite, the new solution is easily integrated int
October 28, 2015
These resources were developed in major part to prepare professionals who advise clients in complying with the Organization for Economic Co-operation and Development’s (OECD) BEPS Action Plans, which are set to begin in 2016. The BEPS solutions, which ...
October 27, 2015
Supported by an intuitive foundation of Knowledge-Based Audit (KBA) Methodology, the integrated audit approach focuses on auditor judgment to drive the overall audit process — not older, pre-defined checklist methods. KBA methodology improves risk-based a
October 8, 2015
Fees paid by public and private companies to outside financial auditing firms increased from 3 to 3.4 percent over the last year, according to a report from the Financial Executives Research Foundation.
October 4, 2015
International Accounting Bulletin’s “Audit Innovation of the Year” award recognizes organizations that make a major impact on audit quality and client service. Entries were judged based on demonstrated improvements in quality; efficiency, accuracy, and...
September 22, 2015
In an effort to eliminate dual taxation with respect to Social Security taxes, the United States entered into international agreements, called Totalization Agreements, with 24 foreign countries.
September 2, 2015
Updates to Thomson Reuters Checkpoint provide customers with a single audit tool for the first time that complies fully with the Office of Management and Budget’s (OMB) recently released 2015 Compliance Supplement. Specifically, this edition of PPC's ...
August 9, 2015
The program focuses on forensic accounting engagement, auditing for fraud prevention, detection, and response, litigation support, and dispute resolution.