The Eternal Question: What are a Taxpayer’s Chances of an IRS Audit?
By Jim Buttonow As IRS budgets and audit staff continue to diminish, audit numbers are at an all-time low. But...
Audit Documentation: Tips for Getting it Right
By Ahava Z. Goldman, CPA, CGMA; Charles E. Landes, CPA; and Carl R. Mayes Jr., CPA For many staff auditors,...
FASB Tweaks Credit Losses Standard
By Michael Cohn The Financial Accounting Standards Board released an accounting standards update Thursday making narrow improvements to the credit losses...
It’s Crunch Time for Private Companies on Revenue Recognition
By Ken Tysiac It’s understandable that FASB’s new revenue recognition standard might not be top-of-mind for private company finance personnel...
Six Tips for Starting an Advisory Practice
In order to stand out in a crowded profession, many financial professionals are leveraging the escalating trend toward advisory services....
Skills That Help Accounting Professionals Succeed Alongside AI
By Ken Tysiac There’s some understandable concern these days about the possibility that increased use of artificial intelligence (AI) will...
Areas of Risk for the 2017 Audit Cycle
Some of the more judgmental or complex audit areas that practitioners may encounter during the 2017 audit cycle are discussed...
New Report: Technology Drivers in Government
Drawing on the 2014 report, “The four Ts of government performance”, this is the second report in a series of...
Public Accounting vs. Industry—Stress Level
In the Public Accounting vs. Industry blog series, NCACPA member Abby Smith outlines how a career in public accounting is different...
Public Accounting vs. Industry—Personal Marketability
In the Public Accounting vs. Industry blog series, NCACPA member Abby Smith outlines how a career in public accounting is different...