Quantcast
Channel: audits – The CPA Journal
Browsing all 15 articles
Browse latest View live

Image may be NSFW.
Clik here to view.

Government-Contracted Contingent Fee Auditors

In Brief State and local governments’ use of auditors paid on a contingent fee basis for taxpayer audits has drawn criticism because of the conflicts of interest such arrangements create. This article...

View Article



Image may be NSFW.
Clik here to view.

Five Tips for School District Audits

Auditing governmental entities is an important industry niche for many accounting professionals, and school districts are the largest category of state and local entities in terms of both total funding...

View Article

The Rising Cost of Bigger Audits

In their article, “Have Audits Become Too Inefficient and Expensive?” (The CPA Journal, February 2016, pp. 18-23), Arthur Radin and Miriam Katowitz have explored an important topic and offered advice...

View Article

Focus To Shift From New Standards To Improving Communication

IASB News Focus to Shift from New Standards to Improving Communication Now that the IASB has finished its “big four” accounting standards—leases, revenue, insurance, and financial instruments—it is now...

View Article

Image may be NSFW.
Clik here to view.

The Changing Landscape of Financial Reporting

Wesley Bricker I think it is fitting to talk about the importance of our shared work in the public interest here at Baruch College, in particular, which traces its history back to the establishment of...

View Article


Image may be NSFW.
Clik here to view.

How Many Engagement Inspections Is Too Many?

The inspection process is a critical part of any audit firm’s accounting and auditing quality control (QC) system. The lack of precise guidance in the QC standards of both the AICPA and the PCAOB for...

View Article

Webcast on Proposed Guidance for Grants, Contributions

FASB News Webcast on Proposed Guidance for Grants, Contributions On September 11, FASB plans to hold a webcast to explain its proposed guidance for not-for-profit entities and some business enterprises...

View Article

Image may be NSFW.
Clik here to view.

Not All PCAOB Inspections Are Created Equal

Much has changed since the PCAOB began its inspection program in 2004. In just the last 10 years, the number of auditing firms registered with the PCAOB has increased by approximately 37%, 14 auditing...

View Article


New York State Department of Labor Unemployment Insurance Tax Audits

Federal and state governments have developed the Unemployment Insurance Program, which provides unemployment benefits to certain workers who are not working through no fault of their own and meet...

View Article


Has the DOL Pushed the ASB Too Far?

In April 2017, the AICPA’s Auditing Standards Board (ASB) issued an Exposure Draft Proposed Statement on Auditing Standards (the ED) entitled “Forming an Opinion and Reporting on Financial Statements...

View Article

Image may be NSFW.
Clik here to view.

Identifying Deficiencies in Single Audits

In Brief Under its Single Audit Quality Study, the Office of Management and Budget will soon be reviewing single audit engagements. To help auditors enhance the quality of the single audits they...

View Article

Image may be NSFW.
Clik here to view.

Reporting on Audits Conducted Under Dual Standards

As noted by the PCAOB in its Release 2017-001: “there are situations in which an auditor may be required by law or regulation, or voluntarily agrees, to perform an audit engagement in accordance with...

View Article

Image may be NSFW.
Clik here to view.

ICYMI | How Many Engagement Inspections Is Too Many?

The inspection process is a critical part of any audit firm’s accounting and auditing quality control (QC) system. The lack of precise guidance in the QC standards of both the AICPA and the PCAOB for...

View Article


Image may be NSFW.
Clik here to view.

Maintaining Auditor Independence When Giving Accounting Assistance and Advice

Auditors serving smaller businesses know that those clients often need help navigating the highly technical and overwhelming body of accounting standards. They also know that their audits will likely...

View Article

Testing Participant Data in Employee Benefit Plans

In 2015, the Department of Labor issued an audit quality study, “Assessing the Quality of Employee Benefit Plan Audits,” which concluded that 39% of audits inspected contained “major deficiencies”...

View Article

Browsing all 15 articles
Browse latest View live




Latest Images