Auditing

The issue of materiality in the new lease accounting standard can be challenging, but LeaseCrunch, the only lease accounting software made by former CPA firm auditors for CPA firm auditors, says there are three key steps to understanding the issue. “Now that operating leases must be captured on financial statements under the new lease standard, […]

“Among the most prominent of innovators today is Node40 – an Enterprise Blockchain Accounting Solution on a mission to arm accountants with the tools and intelligence required to instill a great sense of confidence as they venture into these uncharted waters.” -Guthrie The fast-moving nature of the emerging cryptocurrency space has resulted in a great […]

Doc.It Connect is a secure portal site that allows accounting firms and clients to share, sign, and manage financial statements, tax returns, invoices, reports, and other documents. Firms implement the Connect portal to drastically reduce the number of hours spent on routine tasks, such as pursuing client files, transferring email attachments and chasing signatures on […]

AuditFile is a complete, cloud-based all-in-one audit automation platform for public accounting professionals that scales to meet the specific needs of firms of all sizes and specialties. The Company continues to deliver on its mission of delivering a sophisticated tool set that helps practitioners improve the efficiency of the audit process and productivity of the […]

Lukka’s products automate and optimize accounting, audit and tax processes for funds, fund administrators, OTC and proprietary trading firms, exchanges, and accounting firms. Our mission is to transform crypto data into auditable financial information to improve operations, create financial statements and provide regulatory reporting and transparency. Lukka Crypto Office is tailored for any enterprise involved […]

With cybercriminals increasingly focusing on the tax and accounting profession, data security continues to be an important topic. Firms have an ethical and legal duty to take reasonable precautions to protect their clients’ data, and since passwords can be easily stolen or hacked, multi-factor authentication (MFA) is more important than ever as a tool in […]

Put simply, the CCH ProSystem fx Engagement Organizer simplifies the process of requesting, receiving and tracking documents and notes between the firm and its clients. Released in November 2018, Engagement Organizer is a new solution that works within CCH ProSystem fx Engagement, which is a key component of the Wolters Kluwer Integrated Audit Approach and […]

The reporting requirements of ASC 842 are tremendous, forcing both public and private companies to now gather data, track, manage, and report on leases that may have, until now, been managed by individual departments and department budgets, and have ...