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11 Inventory Control Fast Fixes to Improve Your Bottom Line

Author: Chris Valponi, CPA For many companies, keeping close tabs on revenue, expenses, and profit is the number one priority. However, companies that carry inventory may not realize its direct effect...

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SEC Extends No-Action Relief for Auditor Independence

Contact: Peggy McCaffrey In a no-action letter issued by the Securities and Exchange Commission (SEC) Division of Investment Management to Fidelity Management and Research Company in June 2016, the SEC...

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How Auditors Use Analytical Procedures

In November 2017, the American Institute of Certified Public Accountants (AICPA) published an updated audit and accounting guide on analytical procedures. The use of audit analytics can help during the...

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AICPA to Make Private Company Auditing Standards More Similar to Public...

The AICPA’s Auditing Standards Board (ASB) is taking steps to enhance the consistency of financial reporting between public and private companies. A new omnibus auditing standard will cover standards...

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Audit of the future

Mercer & Hole's audit and business advisory partner Andy Turner gives his view on how technology is advancing the process of audit and what we might expect to see in the audit of tomorrow. Where...

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