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Audits Are a Joke and Here’s Why According to a Salty Old Industry Veteran

Going Concern

Those of us who’ve worked or even simply seen behind the curtain of audit know the things he points out to be true — assurance is reasonable not absolute , financial statements are the responsibility of management not auditors, “finding fraud” is not the ultimate goal of audits — but do investors?

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Top Remote Accountants of the Week | October 10, 2024

Going Concern

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you! Sign up now to find your next hire.

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Common Accounting Mistakes: Government Edition - Issue #4 Documentation to Prove It!

SMBAccountant

Not only must you have supporting documentation, but you must have the correct information recorded to PROVE a transaction exists, is compliant with all laws and regulations, and was recorded properly. This is typically NOT the receipt that includes the tip information. This means you must have both. Does your documentation prove that?

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Common Accounting Mistakes: Government Edition - Issue #4 Documentation to Prove It!

SMBAccountant

Not only must you have supporting documentation, but you must have the correct information recorded to PROVE a transaction exists, is compliant with all laws and regulations, and was recorded properly. This is typically NOT the receipt that includes the tip information. This means you must have both. Does your documentation prove that?

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The Accountant Shortage is a Material Weakness Now

Going Concern

The material weakness will not be considered remediated until management completes the remediation plan and keeps it in place for a sufficient period of time. US-based Advance Auto Parts accounting jobs: Senior Internal Auditor, Vendor Incentives Accounting Manager, Lease Compliance Specialist, Tax Manager.

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Monday Morning Accounting News Brief: Details on Grant Thornton’s PE Deal; What Is ‘Presented Fairly’ Anyway? | 5.13.24

Going Concern

She’s spent more than two decades at AT&T, steadily working her way up to the C-suite from a role as an accounting manager. We included additional clarification that an auditor’s professional skepticism extends to other information that is obtained to comply with PCAOB standards and rules. PCAOB Chair Erica Y.

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Top Remote Tax and Accounting Candidates of the Week | April 3, 2025

Going Concern

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs. Accountingfly can assist you! Sign up now to find your next hire.

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