This week’s blog continues with the discussion of the AICPA’s proposed changes to Quality Management. SQMS 2 addresses the role...
By Michael Cohn The Internal Revenue Service’s audit rate went down again in 2018, according to data released Monday by...
By Jim Buttonow Behold, the IRS audit. They are rare these days. Only one out of every 184 taxpayers experienced...
By Ken Tysiac There’s some understandable concern these days about the possibility that increased use of artificial intelligence (AI) will...
By: Jeff Carlini Background FASB recently released ASU 2014-03 entitled Accounting for Certain Receive-Variable, Pay-Fixed Interest Rate Swaps-Simplified Hedge Accounting...
By: Jeff Carlini Background: This blog concerns the proposed SSAE Reporting on Examination of Controls at a Service Organization Relevant...
By: Brad Johnson, CPA, MS Member of the NCACPA A&A and Not-for-Profit Committees The history of Statements on Standards for...
Blog Series: 4 Catastrophes a Good Audit Trail Can Help You AvoidPost 2 of 3 2. Investigation by the IRS. Nobody likes...
By: Brad Johnson, CPA, MS For audits of financial statements for periods ending on or after December 15, 2014, CPA...
By: Bruce Kingshill Summary of New Clarity Standards & Yellow Book Independence Requirements What effect do the 2011 Yellow Book...