Accounting, Auditing & Attest Services

FASB
 

FASB's New Not-for-Profit Standard: Maintaining Auditor Independence

Posted: March 19, 2017
It's never too early to be prepared for the Financial Accounting Standards Board's new not-for-profit financial reporting standard, which goes into effect in 2018. With proper considerations, there are several areas where auditors can help clients implement the new standard.

4 Things to Know About the New Going Concern Auditing Standard
 

4 Things to Know About the New Going Concern Auditing Standard

Posted: March 14, 2017
In light of changes to accounting standards in recent years, the AICPA Auditing Standards Board issued a new statement on auditing standards, SAS No. 132, The Auditor's Consideration of an Entity's Ability to Continue as a Going Concern, which will help auditors plan and conduct their audits since it brings consistency and greater clarity to the treatment of this important topic.

What AI Means for Auditing
 

What AI Means for Auditing

Posted: February 7, 2017
Artificial intelligence can assist with tasks such as data acquisition, leaving human workers to focus on the parts of an audit that require careful judgment.


9 Strategies to Increase Audit Quality
 

9 Strategies to Increase Audit Quality

Posted: January 6, 2017
How can you ensure your practice doesn't get sued by an audit client or face a regulatory enforcement action? Follow these nine recommendations for boosting the quality of your audit practice.


7 Keys for Auditors’ Success In a Changing Environment
 

7 Keys for Auditors’ Success In a Changing Environment

Posted: December 8, 2016
Auditors' efforts in certain key areas have led to improved quality in audits, according to the PCAOB Director of Registration & Inspections, who also identified additional skills and actions that can help auditors succeed as political leadership and standards change.

Tips for First-Year Auditors
 

Tips for First-Year Auditors

Posted: November 14, 2016
for a new auditor, the first busy season can be an exciting time and a fantastic opportunity for professional growth. Here are suggestions for new auditors and those who nurture their development.


Goodbye A-133, Hello Uniform Guidance: What You Need to Know
 

Goodbye A-133, Hello Uniform Guidance: What You Need to Know

Posted: October 14, 2016
The Uniform Guidance requires a government-wide audit quality study once every six years. The first study will likely occur in 2019 or 2020 and will include single audits submitted to the Federal Audit Clearinghouse as early as 2018 (meaning certain 2017 year-end single audits could be included in the scope of the study).

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