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Zone & Co Launches ZoneBilling AI Assistant
IRS Extends Tax Deadlines Until May For Helene Victims
Avantax Acquires SEP Financial Services
Sovos Launches Indirect Tax Suite for SAP, Enhances Clean Core Readiness
Rebekah Brown, CPA – 2020 40 Under 40 Honoree
Rebekah Brown, CPA – 2020 40 Under 40 Honoree Director of Development,Maryland Association of CPAs and The Business Learning Institutehttps://www.macpa.org/ Career highlights: Three years in public accounting before leaving to work on behalf of CPA profession at MACPA/BLI Eight years at MACPA/BLI, moving from Firm Learning Consultant, to Membership Manager and now a member of […]
Common Themes Emerge in Data from First Year of CAMs Implementation
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 ...
Detecting Fraud: What Are Weak Signals and How to Process Them
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 ...
Should U.S. Broaden Mandate on Auditor Rotation?
Drawing on publicly available data, the AJPT study employs a novel method to focus on the years immediately preceding and following mandated partner rotations. Joining Prof. Whited as co-authors in the AJPT’s current issue are Huan Kuang and Matthew G.
Does Providing Tax Services Compromise Auditor Independence?
As a new study in the journal Accounting Horizons observes, regulatory actions have likely "created an atmosphere that motivated companies to reduce or eliminate tax fees paid to audit firms to bolster the appearance of independence in ...
Professionals on the Move: February 28, 2020
Professionals on the Move is a round-up of recent promotions and hires.
AICPA Issues New Definition of the Concept of Materiality
The purpose is to align the materiality concepts discussed in AICPA Professional Standards with the description of materiality used by the U.S. judicial system, the auditing standards of the Public Company Accounting Oversight Board...
AICPA Auditing Standards Board 2020 Plan Focuses on Technology and Public Interest
The plan addresses the current global economic environment, and the way entities conduct their business and activities, while also considering the views of all stakeholders including preparers, users and auditors.