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...
View ArticleSEC 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...
View ArticleHow 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...
View ArticleAICPA 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...
View ArticleAudit 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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