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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Testing Internal Controls – Audit Tools that Help
Earlier this month, the PCAOB released annual inspection reports for the Big Four accounting firms and eight other firms. The reports revealed deficiencies in 52…
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Wolters Kluwer Tax & Accounting Expert to Speak at the 2020 CalCPA Employee Benefit Plans Audit Conference about Enhancing Employee Benefit Audits with Risk-based Audit Methodology
Talk will center on enhancing employee benefit audits Wolters Kluwer Tax & Accounting is pleased to announce that Patrick Tokarski, Senior Technology Product Manager at…
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No More Risky Business
Examination of 400 peer reviewed audits indicates that over 50% of firms do not comply with risk assessment standards. That’s a significant number of firms.…
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Going Forward with data driven audits!
Going backward is only cool in auditing if you can go back to completed engagements for peer review and know that you have avoided all…
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Work Smarter, Faster and for Less
Audit technology & audit teams Recently we hosted a webinar titled Three Tips for Audit Teams to Work Smarter, Faster and for Less. Presenters included:…
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Audit Quality – What’s Important for 2020
Quality is foundational to the services provided by a CPA to their client. Therefore, it is critical to have a mindset focused on both quality…
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How to Add More Value to Your Audits
In today’s fast paced environment, it isn’t good enough anymore to ‘just be an accountant’. Customer intimacy, customer knowledge and the customer relationships you build…
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