Accounting June 28, 2025
Nominations Open for 2025 Innovation Awards
The Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.
May 8, 2018
Wolters Kluwer Systems Selected as CODiE Award Finalists
The SIIA CODiE Awards are the premier awards for the software and information industries and have been recognizing product excellence for over 30 years. The awards offer 91 categories that are organized by industry focus of education technology and ...
May 7, 2018
40 Percent of Banks Approaching $1B in Assets are Behind on FDIC Improvement Act Compliance
A flash poll conducted by Baker Tilly Virchow Krause, LLP (Baker Tilly) indicates more than 40 percent of banking institutions that must adhere to the Federal Deposit Insurance Corporation Improvement Act (FDICIA) within the next year are behind ...
May 4, 2018
Identifying Appropriate Amount of Key Controls is Greatest Model Audit Rule Challenge for Insurers
A flash poll conducted by Baker Tilly Virchow Krause, LLP (Baker Tilly) indicates over half of insurance organizations specify identifying the “right amount” of key controls is the single-most challenging factor when maximizing the efficiency and effectiveness of its Model Audit Rule (MAR) program. The National Association of Insurance Commissioners’ (NAIC) Annual Financial Reporting Model...…
May 3, 2018
AICPA ENGAGE Conference to Feature New Learning Track on the Future of Finance
This year’s AICPA ENGAGE will feature a new track: ‘Finance Redefined,’ which is designed to help accounting and finance professionals thrive in the global economy and an era of swift technological change.
May 3, 2018
A.I., Machine Learning, Cognitive Computing As Profession’s Top Technology Hard Trends For 2018 – Part 1
Artificial intelligence, machine learning, and cognitive computing in audit and tax are the top trends that will impact the accounting and finance world over the next three years, according to research conducted by the Maryland Association of CPAs, the...
May 2, 2018
AuditFile Introduces Add-In Tool for Microsoft Word
This add-in extends AuditFile’s integration with Microsoft Office and works in Word 2016 or later for PC, Word for Mac, and Word Online. AuditFile users can add the AuditFile Report Writer Toolbox easily from the Add-Ins tab within Word.
May 1, 2018
Does Requiring Firms to Reveal Audit Engagement Partners Benefit Investors?
Since January of 2017, after more than a decade of discussion and debate, a new regulation from the U.S. Public Company Oversight Accounting Board has required the annual report of each public corporation not only to identify the firm responsible for ...
May 1, 2018
5 Blockchain Tips for Accounting Firms
There has been a lot of talk about how blockchain technology will disrupt the role of accounting as we know it today. In truth, disruption has already been happening through automated accounting software and other applications that help accounting ...
April 30, 2018
BDO Adds Firm in Belize
BDO Belize’s founding partner, Stanley Ermeav, says that he is very proud to be joining BDO: “Our firm’s core purpose is to deliver outstanding services to our clients, so we are very much in tune with BDO’s exceptional client service brand promise.
April 25, 2018
NetSuite Launches “First Intelligent Cloud Suite” with AI and Machine Learning
The new artificial intelligence and machine learning based capabilities enable businesses to glean better insights, drive efficiencies by further automating processes and determine the next best action with predictive actions.
April 25, 2018
CAQ and AAA Honor Audit-Focused Academic Researchers with Awards
The Center for Audit Quality (CAQ) and the Auditing Section of the American Accounting Association (AAA) announced three awards for the Access to Audit Personnel Program, which connects academics with audit practitioners to participate in research ...
April 25, 2018
Five Big Budget Line Items to Consider in Your Lease Accounting Project
Arriving at your company’s preliminary budget estimate for the lease accounting project may be difficult for a few reasons. First, there are few, if any, external benchmarks available to use as a foundation for a major accounting change like ASC 842.