Accounting Today

JUNE 23, 2025

The due process document will be a broader call for external input into our process, but this is another way that were going to be getting external input from some preparers of financial reports, some auditors, different users and technologists," said Black. All rights reserved.

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Accounting Today

JULY 16, 2025

Practice management Private equity Business development MORE FROM ACCOUNTING TODAY Audit IIA updates competency framework for internal auditors The Institute of Internal Auditors presented its updated competency framework for internal auditors during its international conference this week in Toronto. All rights reserved.

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Accounting Today

JULY 18, 2025

EDT 4 Min Read Facebook Twitter LinkedIn Email A great benefit of my five-decade career in internal auditing and risk management is the opportunity to work with young people. One of the biggest challenges facing internal auditing and accounting is recruiting the next generation of workers to each respective profession.

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Accounting Today

JUNE 9, 2025

Identify opportunities Assess pain points in tax, audit, scheduling, and advisory workflows. Audit data preparation : Use algorithms to download client data, generate trial balances, and perform risk analysis. All rights reserved. Identify routine tasks that consume excessive time during peak periods.

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Accounting Today

JUNE 16, 2025

Tax professionals gear up for a mad dash, auditors dive into quarter-end chaos, while leadership scrambles to balance capacity with unpredictable workloads. But the once-effective model of heavy lifting during tax season followed by a revenue drought isnt just outdated — its increasingly unsustainable. All rights reserved.

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Going Concern

DECEMBER 5, 2024

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Accounting Today

JULY 16, 2025

In 2023, it acquired New York-based Janover ; Bemel, Ross & Avedon LLP , a Los Angeles-based business management firm; and two entertainment-oriented firms , Royalty Compliance Organization, a music rights and royalty auditing firm in St. All rights reserved. Louis, and Blue Sky Group, a music business management team in Nashville.

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Accounting Today

JUNE 9, 2025

Gary Boomer June 9 Audit Two-thirds of clients ready to change auditors Seventy percent of U.S. audit clients are ready to change firms within the next three years, according to an Inflo report. All rights reserved.

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Going Concern

OCTOBER 10, 2024

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Accounting Today

JUNE 6, 2025

Wolters Kluwer releases AI audit documentation solution Wolters Kluwer HQ Wolters Klower announced TeamMate+ AI Editor, a generative AI writing engine designed to enhance the quality of audit documentation with data protection and safeguards. All rights reserved.

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Accounting Today

JUNE 6, 2025

Forvis Mazars opened a new office in Minneapolis, to be spearheaded by audit director Tyler Aldridge. All rights reserved. ILLINOIS Rick Surett was named the new chief financial officer at Grant Thornton, Chicago, succeeding Muhammad Bhayat, who is retiring after more than 20 years at the firm.

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Going Concern

NOVEMBER 7, 2024

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Accounting Today

JUNE 5, 2025

New York: Tax preparer Rafael Alvarez, 61, of Cortland Manor, New York, has been sentenced to four years in prison in connection with a decade-long, $145-million tax fraud. He deprived the IRS of $145 million in tax revenue. Philadelphia: Tax preparer James J. All rights reserved. in restitution to the IRS.

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Analytix Finance & Accounting

JUNE 24, 2025

These typically include advanced encryption, secure cloud storage, regular security audits, and strict access controls. When you outsource your accounting, tax preparation becomes an ongoing process rather than a stressful annual event. Tax Preparation Services Tax compliance requirements grow increasingly complex each year.

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Accounting Today

JULY 25, 2025

FLORIDA Stefano Comotti was appointed chair of the global board of the Institute of Internal Auditors, Lake Mary, for 2025-26. All rights reserved. Nomination information is available here. ILLINOIS Jennifer Witts was hired as a partner in the client advisory services practice at CohnReznick, Chicago.

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Going Concern

NOVEMBER 27, 2024

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Accounting Today

JUNE 9, 2025

Gary Boomer June 9 Audit Two-thirds of clients ready to change auditors Seventy percent of U.S. audit clients are ready to change firms within the next three years, according to an Inflo report. All rights reserved.

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Accounting Today

JUNE 5, 2025

By Michael Cohn 11h ago Audit Auditors' pessimism about economy surges Audit partners pessimism about the U.S. economy surged from 10% in the fall to 44% today, according to a Center for Audit Quality report. All rights reserved. PA, based in the Charlotte metropolitan region, effective July 1.

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Going Concern

OCTOBER 17, 2024

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Going Concern

OCTOBER 24, 2024

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Going Concern

NOVEMBER 21, 2024

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Going Concern

JANUARY 17, 2025

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Going Concern

DECEMBER 20, 2024

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Accounting Today

JULY 16, 2025

By Michael Cohn 5h ago Tax Treasury will need to come up with guidance on Big Beautiful Bill The Treasury Department and the IRS will need to roll out guidance to explain the bills newer provisions and how they differ from earlier tax legislation. All rights reserved.

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Going Concern

JANUARY 9, 2025

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Going Concern

FEBRUARY 10, 2025

pic.twitter.com/BuMGHJuKx9 — Jessica Smith, EA , not a CPA (@Taxsavvyjessica) February 9, 2025 Something to chew on as both sides argue about fraud and waste: My dad was an auditor with The Indiana Department of Revenue. He mostly audited businesses mostly. Three of these instances related to a member of an engagement team.

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Going Concern

NOVEMBER 22, 2024

Audit Large Accounting Firms Will Have to Submit Financial Statements to U.S. audit watchdog also voted 4-1 on a separate rule to require hundreds of firms to publicly disclose a set of eight metrics, ranging from auditor turnover to partner involvement, workload and work experience.

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Going Concern

JANUARY 2, 2025

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Going Concern

OCTOBER 31, 2024

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Accounting Today

JUNE 9, 2025

The inspection rules were written 20 years ago, and when we talk about audit transformation, we need to make sure those inspections match up with what were doing," he added. Gary Boomer June 9 Audit Two-thirds of clients ready to change auditors Seventy percent of U.S. All rights reserved. 3, Private equity.

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Going Concern

APRIL 24, 2025

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Going Concern

MAY 1, 2025

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Accounting Today

JULY 7, 2025

Beyond invoice handling, AI agents can significantly ease tasks such as account reconciliations, audit preparation, fraud detection and cash flow forecasting. All rights reserved. This is more than mere automation — its intelligent, proactive management and autonomous automation of complex tasks.

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Going Concern

MAY 22, 2025

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Accounting Today

JULY 1, 2025

EDT 2 Min Read Facebook Twitter LinkedIn Email The Office of Management and Budget is calling for a major overhaul in how federal agencies conduct financial audits. The federal government spends hundreds of millions of dollars each year on financial audits. All rights reserved.

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Accounting Today

JULY 11, 2025

Soft policy exceptions should be routed for manager review as part of an audit, not in the accounting workflow. Accounting cant finalize the books and auditors are left without a clear trail. The company must still pay the card issuer, but now lacks the accounting data and audit trail needed to properly report the expense.

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Going Concern

JANUARY 30, 2025

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