Balancing Audit Efficiency & Effectiveness
Audit efficiency and effectiveness is important. Indeed, today’s auditors are looking for innovative ways to drive results, strengthen relationships and create opportunities. In part, this…
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FASB Clarifies the Accounting for Equity Securities, Equity Method Investments, and Certain Derivative Instruments
ASU No. 2016-01 In 2016, the FASB issued Accounting Standards Update No. 2016-01, Financial Instruments—Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial…
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Integrated Audit Approach Helps Spinelli CPA Better Serve Its Clients
Wolters Kluwer solutions provides catalyst for digital transformation In its next feature spotlighting future-ready firms achieving peak performance by embracing digital transformation, Wolters Kluwer Tax…
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Enhance Client Connections
Welcome to January! Also, welcome to busy season! Notably, top of mind for all audit professionals right now is how to: First, juggle multiple engagementsSecond,…
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Challenges Facing Auditors in 2020
Challenges facing auditors in 2020 As we turn the calendar to the new year, it’s a good time to reflect on challenges facing auditors and…
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Strategies for an Efficient Tax Season
Anyone experience challenges last tax season? Certainly, things such as client readiness, workload compression, pricing pressures, securing client data, workflow process – are just a…
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Audit Technology That’s a One-Stop Shop
After 100+ anniversaries, Eide Bailly continues to adopt new audit technology to tackle ever-changing audit challenges. One leader of that effort is Ann Glenz, CPA,…
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AICPA and NASBA Revise Standards for Continuing Professional Education Programs
The AICPA and the National Association of State Boards of Accountancy (NASBA) have revised the Statement on Standards for Continuing Professional Education (CPE) Programs (CPE…
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AICPA Issues New TQAs on Deferred Tax and State and Local Governments
The AICPA has issued new Technical Questions and Answers (TQAs) under new Section 3300, Deferred Taxes, and Section 6950, State and Local Governments. TQA Section…
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Accounting Standard Issued on Income Taxes
FASB issues accounting standard on income taxes. This Accounting Standard Update, (ASU) No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes, is…
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