CPA Practice

AUGUST 3, 2023

The American Institute of CPAs, representing AICPA & CIMA, has updated its practice aid for accounting and auditing of digital assets, with added material on auditing. 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.

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CPA Practice

JANUARY 31, 2023

Professionals on the Move is a round-up of recent hiring and leadership announcements in and around the accounting profession. Nina earned both her Bachelor of Business Administration (Accounting) and her Juris Doctor from Georgia State University. 1, 2023.

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CPA Practice

JULY 11, 2023

Schneider Downs, one of the 60 largest certified public accounting and business advisory firms in the United States, is proud to announce the addition of seven new shareholders to its ownership group. Morris has over 10 years of public accounting experience in various areas of tax compliance and consulting.

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Cherry Bekaert

APRIL 11, 2023

Although the banking regulators have already proposed requirements to address the enhanced risks brought about by recent events, it falls squarely on every financial services institution to ensure the security of their own infrastructure and collectively to maintain the integrity of the global financial system.

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Going Concern

DECEMBER 1, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. How Is Deloitte Making Accounting Accessible To Diverse Young Talent? Only 10.8%

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Acterys

JANUARY 24, 2023

In a recent study conducted by Momentive, data security was ranked as the primary concern for 77% of IT decision makers when considering a new cloud service provider. Acterys’s commitment to security has led to the successful completion of SOC 2 compliance audit. What is SOC 2? Who does SOC 2 apply to?

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ThomsonReuters

JANUARY 12, 2023

When it comes to cryptocurrency, there are many unknowns around accounting, audit and assurance. Significantly intensifying this need is the formation of a dedicated IRS team of criminal investigation professionals tasked with targeting taxpayers who do not report cryptocurrency transactions on their tax returns.

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ThomsonReuters

MAY 6, 2021

It’s been well reported in cryptocurrency circles that Damon Rowe, Executive Director at the IRS Office of Fraud Enforcement, unveiled “Operation Hidden Treasure” at a recent Federal Bar Association virtual tax conference. 2018 – IRS Launches Compliance Campaign focused on cryptocurrency tax reporting. Ledgible by Verady.

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Cherry Bekaert

MAY 15, 2023

Services delivery is reliant on technology and the interconnectivity of systems and data. As such, it has become critical for users of these services to understand the controls implemented to safeguard their data and to ensure their financial statements are free of material misstatement. What Is SOC Reporting?

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Snyder

DECEMBER 16, 2022

That’s why we’re thrilled to announce that Synder is now SOC 2 Type 2 compliant. The journey to obtain SOC 2 Type 2 compliance has been long but gratifying, and today we’d like to take some time to explain what it is and what it means to Synder and our customers. What is a SOC report? What is SOC 2? Availability.

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Cherry Bekaert

APRIL 3, 2023

Growing Your Business Starts With Evaluating, Governing and Managing Risk Author: Brian Murrow, Managing Partner – Risk & Accounting Advisory Services Naturally, after unfortunate incidents, risk governance and security are on top of mind for many. A specific form of TPRM includes System and Organization Controls (SOC).

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Going Concern

MARCH 8, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. District Court for the Southern District of New York said.

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Snyder

FEBRUARY 22, 2023

Moving away from a paper-based office has been welcomed by accountants worldwide. Working online has allowed accountants to take on more clients, save hours of time every day, automate many of the repetitive tasks, and enjoy unprecedented freedom that comes with having a digital office. What can you do for accounting data security?

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