Auditing

February 17, 2017 

FASB to Host Roundtable Meetings on Disclosure Framework: The Financial Accounting Standards Board (FASB) will host two public roundtable meetings to discuss proposals related to its Disclosure Framework project. The meetings will be held on Friday, March 17, 2017, at the FASB offices located at 401 Merritt 7 in Norwalk, Connecticut. www.cpapracticeadvisor.com/12295256 AICPA Issues New Revenue Recognition...…

February 15, 2017 

The accounting and tax profession relies on technology as much as almost any other (aside from rocket science, perhaps), which makes finding the right tech imperative to the productivity of a firm, and the small businesses that rely on it.

Isaac M. O'Bannon

February 14, 2017 

The best way to determine the proper amount of petty cash is to look historically at what your business spends cash on and how often you have "emergency" needs. Most small businesses do well with around two hundred dollars as a good ...

Kristy Monahan

February 14, 2017 

Thomson Reuters has released a special report, Four Keys to the Future of Audit, which addresses the most pressing challenges facing the audit profession by grouping these issues into four main categories: quality, innovation, talent and relevance.

February 14, 2017 

The AICPA leader discussed potential change in the form of workplace demographics (four generations in the workforce simultaneously!), cybersecurity (yes, companies should expect to be audited for their compliance in this area), and blockchain ...

February 10, 2017 

A new web-based system called Crush Errors is helping accounting professionals find errors and discrepancies in bank statements, invoices and other financial documents within seconds. And new features add artificial intelligence capabilities.

February 7, 2017 

The American Institute of CPAs’ Assurance Research Advisory Group (ARAG) has announced two awards for funding and/or access to accounting firm personnel for research that addresses assurance topics of interest to the CPA profession.

February 6, 2017 

RIVIO, a service of CPA.com in partnership with Confirmation.com, is an online financial document clearinghouse that enables private businesses to exchange key financial information with their investors and lenders as well as retrieve information from their CPA firm, ensuring data is submitted from an authenticated source. CPA.com and Confirmation.com are defining the new standard in...…

February 1, 2017 

TeamMate+ technology and features are based on feedback from a user base of more than 100,000 auditors worldwide and are designed to meet the challenges auditors face today and in the future. Rich in functionality, TeamMate+ seamlessly consolidates ...

January 27, 2017 

Month-end bookkeeping and business management processes are labor-intensive, prone to error, create stress in staff, and can even hurt personal relationships, according to a new survey from FloQast, Inc.

January 27, 2017 

The outcome of the first phase is a new structure and drafting convention, as well as a major restructured portion of the Code. The IESBA’s overall restructuring efforts are intended to result in a Code that is more understandable and easier to use ...

January 24, 2017 

Tight integration between iManage Security Policy Manager and iManage Work means that security changes can be applied automatically without the system stress and performance lag that competitive products cause on creation of a new policy, as ...