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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
How the Audit Market Penalizes Auditors for Doing Their Job
What earns auditors a good reputation? Common sense suggests that being of service to investors should go a long way toward that end. In the words of a study being presented at this week’s annual meeting of the American Accounting Association...
AICPA News June 2019
The National Association of State Boards of Accountancy (NASBA) and the American Institute of CPAs (AICPA) are seeking public comment on proposed revisions to the Statement on Standards for Continuing Professional Education (CPE) Programs (Standards).
New Survey Finds SOX Compliance Lagging in Use of Data & Automation
Among companies that reported an increase in their SOX compliance hours, 59 percent reported the number of hours went up by more than 10 percent over the prior year.
AICPA’s Auditing Standards Board Issues Suite of Standards on Auditor Reporting
This suite of auditor reporting standards includes a new AU-C section 701, Communicating Key Audit Matters in the Independent Auditor’s Report, and replaces the following AU-C sections in AICPA Professional ...
CAQ and AAA Auditing Section Announce 2019 Awards for Access to Audit Personnel Program
The Center for Audit Quality (CAQ) and the Auditing Section of the American Accounting Association (AAA) have made four new awards under the Access to Audit Personnel Program. Now in its seventh year, the program connects academics with audit ...
How Charter Schools Can Survive Audit Season With the Right Tools and Processes
As the end of the academic calendar year approaches for charter schools, so too does audit season. If you’re a member of the finance or operations teams for a charter school, you already know what’s in store, and that gearing up for audit season is a ...
Marcum Performed Most IPO Audits in 2018 Outside of Big 4
A total of 255 IPOs took place in U.S. capital markets in 2018, of which 156 were audited by the Big Four. Marcum represented 25% of the remaining 99 transactions, or 1 in 4 of all IPOs where a non-Big Four auditor was selected to represent the company.
Marcum Leads Accounting Industry with Most Net New SEC Clients in 2018
Marcum LLP led the accounting industry with more net new SEC clients in 2018 than any other U.S. accounting firm, according to Audit Analytics. Marcum finished the year with a net gain of 31 SEC registrants, outperforming all Big 4 accounting firms, ...