Tips for a Better Peer Review
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…
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Working from Home: Lessons about Talent
As vaccination programs pick up speed around the world, we all hope that we’re seeing the beginning of the end of the COVID-19 pandemic and…
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FASB Issues Alternative to Goodwill Triggering Event Assessment
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…
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Easy Audit Data Analytics for Auditors
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…
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When Is A Currency Not Taxed Like A Currency? When It Is A Virtual Currency
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…
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Audit Education – 5 Ways to Benefit
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…
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Wolters Kluwer Highlights Tax Implications of the American Rescue Plan Act of 2021 Signed Into Law
Update on Recently Passed American Rescue Plan Act of 2021 On March 10, 2021, the U.S. House of Representatives passed the American Rescue Plan Act…
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EAQ Initiative and Peer Review Update
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…
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A Transformative Audit Methodology
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…
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Roll Forward with Knowledge Coach
You may have read in the news recently about a patent for the application of AI specific to the roll forward/update processes during an audit…
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