Auditors Prepare for PCAOB Audit Reporting Changes
With the PCAOB possibly implementing a new audit reporting model, companies and their financial teams are bracing for changes. In an article from Accounting Today, author Michael Cohn writes, “The…
With the PCAOB possibly implementing a new audit reporting model, companies and their financial teams are bracing for changes. In an article from Accounting Today, author Michael Cohn writes, “The…
Growing your firm can come from numerous possibilities including an unlikely source: your IT team. In an article from Accounting Today, author V. Allen Smith writes, “Would you like to…
New accounting standards could have side effects once they are implemented. While there seems to be a plethora of benefits from the new standards, many firms are finding implementation issues….
Accounting education may soon be implemented in high schools across the U.S. Creating a continuous pipeline of accountants is crucial for the accounting industry. In an article from Accounting Today,…
Technology is taking over the accounting industry. We are starting to see artificial intelligence, blockchain technology, and robotics being implemented in businesses around the world. As technology gets smarter, are…
Wealthy clients are much more likely to pursue litigation if mistakes are made, according to an article from Accounting Today. In addition, cyber-liability is a modern threat that will continue…
Integrity is one of the most important qualities an accounting firm can have. Doing what you think is right will go a long way in retaining current clients and prospecting…
Many firms are competing to retain talent and employees. As the baby boomer generation begins to retire, is the accounting profession ready for a talent shortage to hit the industry?…
Artificial Intelligence (AI) has become the new norm in industries across the globe. For the accounting profession, AI automates tasks such as data entry and audits. Using AI saves firms…
Business confidence in the U.S. is at the lowest it has been since the fourth quarter of 2016, according to a new report from the Association of Chartered Certified Accountants…