Withum

SEPTEMBER 8, 2022

Audited financial statements are a cornerstone of the financial markets. Tonight I will conduct my second Auditing class session of this semester at Fairleigh Dickinson University, and I will be teaching what the auditor’s opinion means and what auditors do to arrive at their opinion.

accounting principles 119

accounting principles auditor financial statements audit 119

CPA Practice

APRIL 4, 2024

The number of accounting-related securities class-action filings rose 9.8% from 51 in 2022 to 56 in 2023, while the total value of settlements increased 11% year over year despite a decrease in the number of cases that were resolved, according to a new study from Cornerstone Research. billion in 2022 to $1.6 billion in 2023.

Account 53

Account accountant accounted accounting principles 53

CPA Practice

SEPTEMBER 5, 2023

The practice aid, Accounting for and Auditing of Digital Assets , is intended to provide nonauthoritative guidance on how to account for and audit digital assets under U.S. generally accepted accounting principles (GAAP) for nongovernmental entities and generally accepted auditing standards (GAAS), respectively.

audit 59

audit cpas auditor accounting principles 59

Going Concern

FEBRUARY 17, 2023

Audit Lack of Crypto Audit Regulation Raises Questions About PCAOB Authority [ Wall Street Journal ] The Public Company Accounting Oversight Board is facing calls to be the regulator that brings supervision to bear on auditors of cryptocurrency companies, even as the majority of crypto businesses fall outside its jurisdiction. “It

Legal 97

Legal audit auditor South Carolina 97

Withum

OCTOBER 4, 2022

Effective January 1, 2022, SAS 136 became the new audit standard for employee benefit plan audits for plan years ending after December 15, 2021. Auditor’s issuing an opinion for an ERISA 103(a)(3)(C) audit will generally now check box (1) Unmodified on Line 3a, and for Line 3b, they will check box (1) DOL Regulation 2520.103-8.

audit 59

audit accounting principles financial statements auditor 59

Going Concern

MARCH 17, 2023

creating general ledgers, organizing financial statements, and handling pricing and invoicing. The Philippines is obviously one of the beneficiaries of this shift but the rise in virtual assistant bookkeepers are creating a shortage in accounting professions among medium and large firms.

Government 82

Government Gambling audit CPA 82

ThomsonReuters

APRIL 18, 2023

The lease accounting standard became effective in 2019 for public companies. It is no secret that adopting the new lease accounting standard was a heavier lift than anticipated for many public companies. Solution : To measure whether a company has manipulated its financial reporting, Glendening and Shaw suggested the M-Score.

Account 52

Account accountant accounted Technology 52