Accounting
June 2018 Accounting & Audit Channel
Jun. 19, 2018
Top Accounting & Audit Social Media:
How to Innovate Like Google. Tom Hood, via LinkedIn.
https://bit.ly/2kAoOiM
The Newest Audit Technologies: Are Your On Board? Wolters Kluwer Blog.
https://bit.ly/2sjXARN
The Endless Possibilities of Blockchain. Bloomberg Accounting Blog.
https://bit.ly/2JdoAMD
5 Cloud Advantages for Accountants and Bookkeepers. Firm of the Future Blog.
https://bit.ly/2H2ThPx
Needed Now: Female Financial Planners. AICPA Insights.
https://bit.ly/2J1C7Ud
Top Accounting & Audit News:
Lengthy Tenures Boost Big 4 Profits, But What of Auditor Independence? A paper in Accounting Horizons notes that opposition to term limits for external auditors has been “the subject of active lobbying by the accounting profession, especially the Big 4 audit firms.”
www.cpapracticeadvisor.com/12413456
Next Recession to Start in 2020? The current economic expansion is the second longest in American history, and will be the longest ever recorded if the panelists’ predictions hold true. Few experts think the housing market will be at the center of the next downturn.
www.cpapracticeadvisor.com/12414312
Sageworks Acquired by Private Equity Firm. The company’s ProfitCents was originally designed to convert financial numbers into plain language to help business owners understand their financial statements.
www.cpapracticeadvisor.com/12413124
AICPA Comments on IRS Proposed Regs for Valuing Inventories. The changes would amend the IPIC method pooling rules to clarify that the rules are applied consistently with the general LIFO pooling rule.
www.cpapracticeadvisor.com/12413885
IAASB Launches Survey to Identify Key Audit Issues. The survey helps identify key issues for consideration in developing its future strategy in the context of the IAASB’s broad strategic focus and the changing environment.
www.cpapracticeadvisor.com/12414307