2018 Single Audits – Updated and Enhanced
When it comes to audit methodology for single audits, the best methodology available to you is Wolters Kluwer’s Knowledge-Based Audit (KBA) Methodology. As a result,…
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Improving Audit Quality with Data Driven Insights
Here is a peer review violation that is still common. “Failure to communicate or document required communications with those charged with governance.” How do you avoid…
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SEC Adopts Amendments to Simplify and Update Disclosure Requirements
The SEC announced that it has voted to adopt amendments to certain disclosure requirements that have become duplicative, overlapping, or outdated in light of other…
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Safaris are Great in Africa, but not for your Workpaper Management Process!
Tax Managers are faced with constant change. That’s why it’s important to remember tips to save time with your Workpaper Management process to achieve all that…
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Does Client Collaboration Make or Break an Audit?
Client collaboration is key Does client collaboration make or break an audit? Yes! That is what more and more CPA firms are saying. The key…
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Overcome Risk Assessment Violations
Have you seen the AICPA’s infographic on the four most common risk assessment violations? The organization starts by saying this. “Identifying, assessing and responding to…
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Software backup and restore procedures ensure your audit data is safe
Software backup and restore procedures With audit software such as CCH® ProSystem fx® Engagement, having appropriate software backup and restore procedures in place is vital.…
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Preps, Comps and Reviews – New Titles Update and Tips to Improve Realization
It does not matter what combination of services your firm provides. When it comes to preps, comps and reviews, as well as audits, the Integrated…
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Attract Clients and Ensure Accuracy with Integrated Software
Workflows Improve with Integrated Software Leveraging integrated software technology, for both tax and audit workflows, benefits both the firm and its clients. Doing so has…
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SEC Expands Smaller Reporting Company Definition; Approves Other Matters
At an open meeting held today, the SEC expanded the definition of a “smaller reporting company.” The SEC also voted on several other issues that are discussed…
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