Keep it simple with calls in the cloud

During tax season, communication with clients is at its annual peak. Here’s how to select the right conference calling solution, for now, and for year-round ease of collaboration.


CAQ Helps Audit Committees Assess Revenue Recognition Standard

The Center for Audit Quality has released a document to help audit committees to evaluate how far along their companies have come in implementing the new revenue recognition accounting standard.


COSO Certificate Program Goes On-Demand

The Committee of Sponsoring Organizations of the Treadway Commission, also known as COSO, has introduced a self-study, on-demand learning program for attaining the COSO Internal Control Certificate.


PCAOB Finds Problems with KPMG Audits

The Public Company Accounting Oversight Board released a report Tuesday on its 2015 inspection of KPMG LLP, finding problems with 20 of the 49 companies whose audits by the firm were inspected.


Accounting Officials Scrutinize Non-GAAP Measures

Officials from the Securities and Exchange Commission and the Center for Audit Quality discussed the effort to rein in the use of non-GAAP financial measures during an American Institute of CPAs conference Monday.


The Globalization of Accounting and Auditing Standards

Countries and jurisdictions throughout the world mandate that entity financial statements be prepared using International Financial Reporting Standards, and that audits be conducted in accordance with International Standards on Auditing. Although the use of IFRS and ISAs isn’t mandated in countries such as the U.S., in our increasingly global economy, many accounting firms must now be able to address the needs of clients with reach outside the primary country in which they operate.


PCAOB Strikes Deal with Italian Audit Regulator

The Public Company Accounting Oversight Board has struck an agreement with Italy’s audit oversight regulator, Commissione Nazionale per le Società e la Borsa.


Confirmation.com Raises Money for International Expansion

Cloud-based audit confirmation software developer Capital Confirmation has raised $60 million to fund “aggressive international expansion.”


PCAOB Sets Strategic Plan

The Public Company Accounting Oversight Board approved its fiscal year 2017 budget of approximately $268.5 million, along with a strategic plan through 2020 to guide its programs and operations.


How to Plan Meaningful Post-Audit Reviews in Less Time

While putting the final touches on audit work papers and reports may feel like a huge relief, an auditor’s work isn’t finished.