April 2, 2014
Since cloud-based audit, compliance, and risk management provider ACL first introduced its ACL GRC system in May 2013, the company has achieved several major milestones, including the expansion of its global footprint, rapid increase of new customer engagements, and recognition by industry leaders.
March 12, 2014
A decade after scandals at Enron, Worldcom, and other companies dramatized the need for improved corporate financial monitoring, this critical regulatory challenge remains in essential ways unmet, new research suggests.
February 4, 2014
Signs of poor financial oversight at a Virginia state agency responsible for environmental stewardship emerged late last summer when federal government monitors spotted record-keeping gaps during a review of six grants awarded to Virginia totaling nearly $740,000.
February 4, 2014
The letter lands in your business mailbox. The return address shows it's from the Internal Revenue Service. Before it's even opened, nervousness sets in.
January 16, 2014
A new foreclosure rescue scam promises to help distressed homeowners keep their homes through the use of a "securitization audit." "The only problem, according to investigative firm Mortgage Fraud Examiners: These "hucksters" are charging fees for information that's free to anyone for the asking, and knowing who owns the note won't save anyone's home."
January 15, 2014
BELFAST, Maine -- Following a 10-month police investigation, a 56-year-old Belfast woman has been charged in connection with the theft of $83,000 from her family's furniture store, where she worked at as a bookkeeper.
January 8, 2014
The Washington State Auditor's Office published a report last month detailing cases of university credit cards being used for "unallowable" purchases at three major higher education institutions, including Washington State University.
December 11, 2013
The Public Company Accounting Oversight Board (PCAOB) has released a report that provides information about registered audit firms' implementation and compliance with Auditing Standard No. 7, Engagement Quality Review.
December 3, 2013
Pittsburgh City Controller Michael Lamb said today that the Department of Public Works needs to do a better job of keeping track of its inventory after an audit found equipment was missing.
December 3, 2013
Like most practitioners, I had trouble successfully billing for post-filing work. The reasons are complicated. It’s often an issue of back-and-forth time with clients or the IRS/state taxing authorities.
November 12, 2013
Audit Confirmation Company Automates Financial Processes, Gains Real-Time Visibility, and Dramatically Lowers IT Costs with Intacct
November 12, 2013
CPAs have close relationships with their clients (especially in smaller accounting practices) and rightfully so. Who else is better to understand their client’s financial and business affairs than their trusted CPA? And the relationship generally remains close…