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Deloitte updates audit committee guide

Accounting Today

Deloitte Audit Audit preparation

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PCAOB proposes new audit confirmation standard

Accounting Today

Audit software Audit standards Audit PCAOB

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The new breed of audit

TaxConnex

Usually, you learn about an audit through a notice or letter from the state or jurisdiction in question with instructions on how the audit will proceed. Many audits are conducted remotely, and an auditor never visits your office. Virtual audit is a real threat.

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The future of audit

Accounting Today

Audit software ESG Audit

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The CPA Firm Growth Strategy: From Compliance to Consulting

Speaker: Rita Keller - President of Keller Advisors, LLC

Join Rita Keller, seasoned CPA firm management strategist and consultant, for an insightful discussion on the importance of diversifying your accounting skills.

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Top Tips to Prepare for an eCommerce Audit

TaxConnex

that the likelihood of your business being audited is low, but that likelihood has been increasing in recent years. more than one in four (26.7%) top finance professionals reported seeing an increase in state sales tax audits in the past two years.

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Audit firms turning more to outside specialists for help

Accounting Today

Audit standards Audit PCAOB Audit preparation

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EY considers splitting off audit firm

Accounting Today

Audit EY International accounting Audits

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Watch out: Top focal points for audit season

Accounting Today

Corporate finance Audit Audit preparation

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IRS audit rates declined further in 2022

Accounting Today

Tax audits IRS Tax Tax research

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Depositors blame bank failures on audit firms

Accounting Today

Banking Audit Audit preparation

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Predicting What’s Next for Firms & Collaboration Tech

Employees leaving. Client demands increasing. That’s the reality for many firms. Put your firm in a position to win by looking at how collaboration and the tools we use have evolved and what the future holds. Avoid pitfalls and implement best practices to give your firm a competitive edge. Download the whitepaper today!

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What Is an Audit?

Patriot Software

Audit. You might think an audit is the last thing your business needs, but they aren’t always bad. Regular audits can be more like a routine maintenance check than an invitation for IRS penalties. Learn what an audit is, what types of audits there are, how […] READ MORE.

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PCAOB fines KPMG $7.7M in three countries for audit violations

Accounting Today

KPMG Audit standards International accounting Audit PCAOB

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Crypto audits 'essentially meaningless,' top investor says

Accounting Today

Cryptocurrency Audit Audit preparation

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Mitigating the risk of auditing U.S.-listed foreign companies

Accounting Today

Audit standards Audit Audit preparation PCAOB

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Wilson: Remote audits will become the norm

Accounting Today

Audit Audit software Technology Audit preparation

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by speeding up the month-end close and better managing your remote teams.

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PCAOB sanctions six audit firms

Accounting Today

Grant Thornton Audit standards Audit PCAOB

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How not to tank your sales tax audit (part 2)

TaxConnex

The sales tax audit can be one of the scariest – and costliest -- things an online business ever goes through. If you do get hit with an audit, it’s critical to handle the process correctly. Last time we looked at mistakes companies make leading up to an audit (Check out part 1 here).

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Audit fees edged up from 2020 to 2021

Accounting Today

Audit software Financial reporting Audit Audit preparation

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IRS Releases Updated Cost Segregation Audit Techniques Guide

RogerRossmeisl

On 6/1/22, the IRS made available an update to the “Cost Segregation Audit Techniques Guide” (Publication 5653). Originally issued in 2004, the purpose of the Audit Techniques Guide (ATG) was to offer guidance to IRS auditors auditing cost segregation studies.

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Virtual Cards — Everything You Need to Know

Speaker: Eoin Hession, Controller at Recharge

Even though virtual cards have been part of the payments system for over ten years, there remains a lack of clarity around how they work and their value to companies large and small. In this webinar, Eoin Hession, Controller at Recharge, talks about how his company uses virtual cards in their operations. Sign up today!

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Worried About an IRS Audit? Prepare in Advance

RogerRossmeisl

IRS audit rates are historically low, according to a recent Government Accountability Office (GAO) report, but that’s little consolation if your return is among those selected to be examined. On average, the audit rate for all returns decreased from 0.9%

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How not to tank your sales tax audit (part 1)

TaxConnex

If you are a business that must collect and remit sales tax, an audit is probably one of your biggest fears. Rightly so: Sales tax audits can find fault with a variety of your operations and can cost you big– if the determination goes against you. Not expecting an audit.

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Scavuzzo: Audit is ripe for disruption

Accounting Today

Audit software Technology Data management Audit

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PCAOB proposes overhaul of quality control requirements for audit firms

Accounting Today

Audit standards Audit PCAOB Audit preparation

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Beware crypto billionaires boasting of audits

Accounting Today

Cryptocurrency Audit

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PCAOB plans to update some long overdue auditing standards

Accounting Today

RSM Audit standards Audit PCAOB

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Audit partners expect to see inflation ease in 2023

Accounting Today

Inflation Economic indicators CAQ Audit

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Audit committees eyeing new rules from the SEC and PCAOB

Accounting Today

EY PwC Audit PCAOB SEC

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PCAOB saw increase in deficient audits last year

Accounting Today

Audit PCAOB Audit preparation

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PCAOB seeing numerous problems in broker-dealer audits

Accounting Today

Broker dealers Audit PCAOB Audit preparation

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SEC charges Friedman with improper professional conduct in audits

Accounting Today

Marcum LLP SEC enforcement Audit Audit preparation

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California State FTB Audit Representation

MyIRSRelief

The most frustrating method is the audit and if you receive an exam notice in the mail, you better take it seriously. This should include your right for CA FTB Audit representation. Our tax representation firm can help you get the best possible outcome from your audit.

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Audit committees providing more disclosures about cyber and ESG

Accounting Today

Cyber security ESG CAQ Audit Audit preparation

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IRS audit rates plummet, especially for wealthy

Accounting Today

Tax audits GAO IRS Tax Tax evasion

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PCAOB sets new requirements for use of multiple audit firms

Accounting Today

Audit standards Audit Audit preparation PCAOB

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CohnReznick charged with improper auditing conduct by SEC

Accounting Today

Audit SEC enforcement Audit preparation

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SEC approves PCAOB standards on audits involving multiple firms

Accounting Today

Audit standards Audit Audit preparation SEC PCAOB

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PCAOB observed problems during audits of SPACs

Accounting Today

Audit PCAOB SEC

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AICPA and CIMA offer resources for organizations facing single audits

Accounting Today

Compliance Audit standards AICPA Audit

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Best Practices for Managing a Sales Tax Audit

TaxConnex

If you and your company haven’t been hit with a sales tax audit yet, congrats. In TaxConnex’s recent market survey more than one in four (26.7%) top finance professionals in a variety of industries report seeing an increase in state sales tax audits in the past two years.

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