Auditing

The AICPA recommended that to the extent taxpayers may make accounting method changes for mischaracterized R&E expenditures with a section 481(a) adjustment they should receive audit protection for prior years.

The application of Lean Six Sigma principals has helped countless organizations objectively re-evaluate and streamline their production processes. Lean Six Sigma is a consulting methodology gaining favor in the accounting profession for its focus not ...

As if getting audited wasn’t bad enough, now the IRS has added a new twist: the short timeframe audit. With these types of audits, it is possible that an audit case could be closed by the IRS before your client has a chance to show you the letter. This ar

Accounting and advisory firm Baker Tilly Virchow Krause, LLP (Baker Tilly) has rearticulated the necessity of improving audit quality after a May 28th United States Department of Labor (DOL) report on its inspection of 2011 employee benefit plan audits.

The Center for Audit Quality (www.TheCAQ.org) has launched an online video series that aims to highlight critical issues facing the public company auditing profession and the markets.

Four platforms earn Leader status while Intacct tops overall satisfaction rankings in crowdsourced report

The National Association of State Boards of Accountancy (NASBA) and the American Institute of CPAs (AICPA) today issue proposed revisions to the Statement on Standards for Continuing Professional Education (CPE) Programs (Standards) for public comment. Pu

Like any business, nonprofits need to monitor expenses, create a viable income stream, pay bills, and invoice and collect on past due monies. But unlike a regular business, a nonprofit also needs to manage multiple programs, track and maintain ...