December 15, 2014
The AiCPA has prepared a new advisory to provide plan sponsors, administrators and trustees with an understanding of the importance of hiring a quality auditor to perform employee benefit plan financial statement audits
December 8, 2014
To help public company auditing firms address risks in a proactive and accelerated manner, the Center for Audit Quality (CAQ) has published a member alert, “Select Auditing Considerations for the 2014 Audit Cycle.”
December 1, 2014
The Center for Audit Quality (CAQ) has issued a request for proposals (RFP) to fund independent academic research on auditing-related topics.
November 19, 2014
The alert outlines rules applicable to financial statement audit and attestation engagements undertaken for non-issuers.
November 18, 2014
The Institute of Internal Auditors has introduced a new, free online tool that provides internal audit practitioners a powerful means to evaluate their professional competencies and plot their careers.
November 13, 2014
The Internal Revenue Service (IRS) may have allowed approximately $167.7 million in questionable fuel tax credit claims between 2011 and 2013, according to a new study released publicly today by the Treasury Inspector General for Tax Administration (TIGTA
November 6, 2014
AuditFile has announced it will soon fully integrate its cloud-based audit system with industry leading bookkeeping tools, QuickBooks Online and Xero. As the first entirely cloud-based audit, review, and compilation solution for CPA firms ...
October 29, 2014
Sponsored by the Los Angeles Chapter of The Institute of Internal Auditors (IIA), the competition brought together the best and brightest accounting and auditing students in the LA area to analyze and present their case for responding to potential materia
October 24, 2014
The ongoing “Tea Party” scandal has appeared to loose some steam after a federal judge in the nation’s capital tossed out a lawsuit aimed by conservative nonprofit groups against the IRS (True the Vote, Inc. v. IRS, DC- Dist. Of Columbia, Civil Action No.
October 23, 2014
Thomson Reuters has updated its patented, award-winning PPC’s SMART Practice Aids Audit Suite to provide customers with a focused, integrated, and efficient internal control evaluation tool that is fully compliant with COSO’s new Internal Control Framewor
October 21, 2014
The Internal Revenue Service (IRS) will not meet the Department of the Treasury’s 2015 goal for full compliance with a directive requiring Federal agencies to issue identification cards that allow workers to gain access to Federally controlled facilities
October 20, 2014
The report provides an overview of the AICPA’s Accounting and Review Services Committee’s new standard, which clarifies and revises the Statements on Standards for Accounting and Review Services (SSARS).