The AICPA holds Peer Reviewers more accountable than in the past, likely leading to more findings during peer review. In fact, AICPA research shows over…
The FASB issues alternative to goodwill triggering event assessment in an Accounting Standards Update (ASU) that provides an accounting alternative expected to reduce the complexity for private…
Data Analytics: No Longer a Nice-to-Have, Now a Necessity Firms perform more than one million audits each year. Over the last few years, data analytics…
Wolters Kluwer looks at tax issues surrounding virtual currencies Virtual currencies are becoming ever more popular both as a means of exchange and as an…
Successful accounting firms understand the value of continuing professional audit education, not only for training younger professionals but also for helping auditors at all levels…
Recently, Wolters Kluwer’s Cathy Rowe interviewed Carl Mayes about the latest findings around the AICPA Enhancing Audit Quality (EAQ) Initiative. Carl serves as Associate Director…
Last year, accounting firms had to navigate over and around unprecedented obstacles. But many of those challenges also present opportunities and transform audit processes and…