Auditing

December 10, 2020 

In a review engagement, the practitioner obtains a limited level of assurance that the subject matter is in accordance with specified criteria. SSAE No. 22 describes the types of procedures a practitioner may perform in a review engagement ...

December 9, 2020 

CPA firms reaffirmed their value to small business clients in 2020, even as they reshaped the way they deliver their services, said Erik Asgeirsson, president and CEO of CPA.com.

December 8, 2020 

Wolters Kluwer Tax & Accounting has announced the addition of new features to the Engagement Organizer in its award-winning CCH® ProSystem fx® Engagement integrated audit management solution. With new Engagement Organizer capabilities, clients can now ...

December 7, 2020 

Wolters Kluwer Tax & Accounting has announced the addition of new capabilities to its innovative TeamMate Analytics solution used by external auditors at tax and accounting firms, as well as by internal audit departments in businesses and ...

December 3, 2020 

The CAQ has released a new report with data and analysis on the first year that critical audit matters (CAMs) were included in auditor reports. Consistent with the requirements of the Public Company Accounting Oversight Board (PCAOB), the ...

November 24, 2020 

Ahead of IIRC and SASB conferences next week, the Association of International Certified Professional Accountants (the Association) shared its 2021 plans to deliver education and resources that assist accountants with reporting on and assurance of ...

November 24, 2020 

The new feature allows employees to submit expense receipts online via the Beanworks app or website. Once uploaded, managers can review receipts and approve reimbursements from any location. The process is fast, accurate, and a much-needed solution as ...

November 24, 2020 

Women were gaining momentum and representation in senior leadership positions before the COVID-19 pandemic. A 2020 McKinsey study found that from 2015 to 2020, the number of women in senior vice president positions had climbed 18% and 22% for ...

November 23, 2020 

Certain companies, specifically organizations with the wrong tone at the top, improper incentives, confusing cash flow trends, and siloed departments, are more susceptible to fraud than others. Pick up on weak signals and take steps to ...

November 18, 2020 

The solution enables firms to shift from a cumbersome and time-intensive approach to an automated and secure bill payment process.

November 17, 2020 

From big-screen TVs to soundbars, employees often bend the rules on equipment purchases, payment and procurement methods as they work from home. Expenses submitted as office supplies and meals/restaurants accounted for more than 25% of spend violations.

November 16, 2020 

AICPA News is a roundup of recent announcements from the association.