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IRS Audit Defense & Representation: Expert Protection with Mike Habib, EA

MyIRSRelief

Receiving notice of an IRS audit can be one of the most stressful and intimidating experiences a taxpayer faces, triggering immediate concerns about potential penalties, additional taxes, and the complex process ahead. The three primary types of IRS audits each present different challenges and require distinct defense strategies.

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Case Study: Enhancing Financial Processes for Growth and Audit Readiness

Withum

As the company grew, its in-house accounting team encountered increasingly complex tasks that required specialized expertise and resources. The team recognized the need for external support and a more streamlined solution to avoid potential audit issues and ensure financial accuracy.

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FP&A Reports Every Organization Needs to Succeed

Acterys

To help you succeed, we’ve put together a list of FP&A reporting essentials to quickly analyze financial data, create financial reports, and distribute that information among stakeholders. These statements are audited by independent firms for reliability and accuracy. Here are seven common financial statements.

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CAS accounting and the next generation of accountants

Accounting Today

Theyre beginning to see how they can help businesses make informed decisions, optimize financial processes and improve operations — moving beyond just tracking numbers to actively shaping financial strategy. By Michael Cohn 11h ago Audit Auditors' pessimism about economy surges Audit partners pessimism about the U.S.

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Monday Morning Accounting News Brief: PwC Consolation Prizes; Al Pacino’s Accountant Ripped Him Off | 10.21.24

Going Concern

In a matter of weeks, we should be hearing that the Pentagon has failed yet another audit. Defense One argues this is a good thing : Far from a mere compliance exercise, the cultural and technological changes required to pass an audit are the same ones necessary to keep U.S. forces dominant.

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Emerging Company M&A: Pre-Sale Accounting Best Practices for Buyers and Sellers

CPA Practice

Some best practices include the following: Make sure your books are GAAP-compliant When conducting due diligence on a prospective target, the most sophisticated investors or buyers will often insist that the books and records be maintained in accordance with generally accepted accounting principles (GAAP). pre- and post-transaction).

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Top 6 Benefits of Outsourcing Accounting Services for Your Business in 2025

Analytix Finance & Accounting

And unlike hiring a single accountant who might be stretched too thin, outsourced services typically give you access to an entire TEAM of specialists. These typically include advanced encryption, secure cloud storage, regular security audits, and strict access controls. Why does this matter?