Auditing

The Internal Revenue Service (IRS) is currently planning activities to address a recurring financial material weakness in its internal control over unpaid tax assessments.  However, planning for the Customer Account Data Engine 2 (CADE 2) Transition State 2 (TS2) has not included specific actions and activities necessary to guide new system development efforts and to […]

More than 75 percent of audit committee members and financial statement preparers surveyed believe there are significant benefits to auditors utilizing advanced technologies.

Thomson Reuters has released the 2015 editions of its widely-used series of audit guides and related practice aids for multiple industries, including commercial entities, nonprofit organizations, local governments, and employee benefit plans.

The platform streamlines everything from preparing and post-dating letters for automated release, obtaining client approvals, tracking responses and receiving documented updates.

Example disclosure topics include food safety, labeling & marketing integrity, climate change adaptation, and supply chain management. The standards average six topics per industry, and 71 percent of metrics are quantitative.

The new guide, available as an eBook and in print format, was written to assist CPAs in interpreting and applying SSARS No. 21, as well as to provide interpretative guidance and implementation strategies for all preparation, compilation and ...

To help financial institutions more effectively manage model risk and respond to examiner expectations, Crowe Horwath LLP, one of the largest public accounting, consulting and technology firms in the U.S., has introduced the Crowe Model Risk Manager ...

The winners of the 12th annual Tax & Accounting Technology Innovation Awards, all cloud-based solutions, are examples of this new reality of on-demand information and business agility.