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Free Knowledge Growth Webinars

Withum

I am scheduled to present four free webinars primarily for CPAs, but anyone in business that uses financial statements might also find them interesting and insightful. Also, I am presenting an IRA/401k webinar for the general public and not accountants or tax professionals. – Financial Statement Myths.

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The Risks and Repercussions of Non-Compliance

TaxConnex

This amount, plus penalty and interest is what would be expected of you in the case of an audit. There’s no statute of limitations for unfiled returns, meaning that unpaid tax liabilities for non-filing years can be audited indefinitely. Repercussions of not complying. Penalties associated can start at 25% of tax liabilities.

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PCAOB Provides Three Resources For Auditors On the New Quality Control Rules

CPA Practice

Given the significant changes in the auditing environment since that time, the PCAOB made it a priority to modernize and update those rules. In 2023, only 14 audit firms out of a total of more than 1,600 registered with the PCAOB met the 100-issuer-or-more threshold. 1, A Firm’s System of Quality Management , adopted by the AICPA.

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Understanding the FAQs Related to Overhead Rate Audits for Growing A&E Firms

Cherry Bekaert

For many architecture and engineering (A&E) firms, overhead rate audits are a critical aspect of financial management since they can be a great way for firms to recoup incurred costs necessary to run their business from the government. Q: What is an overhead rate audit? Q: What are the benefits of an overhead rate audit?

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The power of Assisted Decision Making in Thomson Reuters Cloud Audit Suite

ThomsonReuters

Jump to: How AI is transforming audit AI-Assisted Decision Making in Thomson Reuters Cloud Audit Suite Ready to transform audit? How AI is transforming audit Traditionally, auditors have heavily relied on manual processes to uncover risk in financial statements and business operations.

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How Mike Habib, EA Collaborates with CPAs and Lawyers for Tax Representation Referrals

MyIRSRelief

Mike partners with CPAs and lawyers to address clients facing tax audits, levies, liens, employment 941 payroll tax controversies, non-filers and unpaid back taxes. Collaborating with Mike offers: Enhanced Services for Clients: Tax audits, levies, and other compliance issues can be time-consuming and require specialized expertise.

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Update: SBA Clarifies Audit Requirements for Shuttered Venue Operators Grants

Withum

Over the past few months, the SBA has provided several audit-specific webinars for entities that have received an SVOG grant. These webinars have provided details and clarity around the requirement. General Audit Items. 500 – 521), which requires a single audit or program-specific audit. Non-profit Entities.

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