Clients hire auditing firms for an array of reasons. A client may require a financial audit of his business's records for federal auditing purposes, or may simply need financial advice for his ...

Asking the right questions when considering accepting new audit clients, or continuing a relationship with an existing client, is the key to establishing a quality relationship, according to a new ...

Deloitte was the only Big Four audit firm to net positive in new public company clients in 2022, while Marcum saw the largest overall gains a year removed from losing 110 clients, according to the ...

Businesses face specific inherent risks within accounts payable. Among these are the risk of erroneous overpayments to vendors, negligent underpayment or nonpayment of invoices, and payments to ...

Two Salt Lake City firms led the auditing profession in terms of new Securities and Exchange Commission clients in the first quarter of 2018, while Big Four firms Deloitte and Ernst & Young led among ...

With the Inflation Reduction Act upping the IRS' budget by $80 billion over the next 10 years, it's reasonable to expect more audits in your clients' futures. Processing Content Perry Green is chief ...

FASB’s new revenue recognition standard, FASB ASC Topic 606, Revenue From Contracts With Customers, is one of the most significant changes ever in U.S. GAAP. The new, principles-based standard ...

Technology has so captivated the auditing sphere that at first glance, it seems machines seem to be stealing the spotlight from humans. But technology, while it can undoubtedly make jobs easier and ...

Auditing standards state that inquiry alone does not provide sufficient evidence regarding the lack of material misstatement (AU-C §500, Audit Evidence, ¶.A2), yet regulatory inspections and ...