ThomsonReuters

DECEMBER 27, 2024

This update provides guidance for financial statement reporting, effective for fiscal years beginning after December 15, 2024, requiring crypto assets to be measured at fair value, with changes recognized in net income each reporting period. What should accountants look for in cryptocurrency audit software?

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ThomsonReuters

JANUARY 24, 2023

This starts with solid reporting by company management and presents a significant opportunity for auditors. Why are ESG audits important? Much like the audits of financial statements, third-party assurance from an audit firm can help solidify trust in a company ’ s ESG reporting.

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ThomsonReuters

MAY 23, 2024

By paving the way for auditors at every stage of their career, our expert-led sessions deliver practical, pertinent content in a captivating and accessible format. This empowers your auditors to work more efficiently from any location, leading to improved client service.

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ThomsonReuters

SEPTEMBER 26, 2024

Lack of efficiency Like most industries, auditors struggle to do more with less. Technology Integration: SAS 145 mandates that auditors understand client technology use, especially cloud computing, to ensure thorough financial statement audits. With the cloud, you have access to backup files at any time.

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Withum

DECEMBER 12, 2023

In fact, a Center for Audit Quality (CAQ) analysis found that 90% of US companies that trusted their non-financial auditing to a publicly traded auditor used the same firm for their financial auditing. Regulation: Many of the world’s most far-reaching climate regulations require assurances from pre-approved third-party auditors.

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ThomsonReuters

OCTOBER 31, 2023

Bureau of Labor Statistics’ occupational outlook for accountants and auditors over the next decade calls for the field to increase by 4%—compared with a 3% average growth rate for all occupations. White paper Demystifying artificial intelligence A tax professional’s guide to cut through the noise on all things AI.

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