TaxConnex

AUGUST 8, 2023

Review your records as an auditor would by looking for exemption certificates that align with exempt transactions. Beat auditors to the punch Corporate taxpayers are held to a “good faith” standard when accepting exemption certificates and applying sales tax exemptions to their sales.

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auditor audit Sales Tax 130

Cherry Bekaert

NOVEMBER 6, 2023

In the second episode of Cherry Bekaert’s Cost Accounting Standards (CAS) podcast series, Eric Poppe , a Managing Director in Cherry Bekaert’s Government Contracting Industry practice, is joined by Jeff Annessa , a Senior Manager in the Firm’s GovCon practice who spent 13+ years with DCAA and held various positions such as Quality Manager, Supervisory (..)

accounting standards 110

accounting standards cost accounting accounted Account 110

LSLCPAs

JULY 17, 2024

LSL Webinar “Back to Basics | Mastering Accounts Receivable Reconciliations,” presented by Amber Haston and Samantha Asbra led you through what a reconciliation entails, a step-by-step approach to performing AR reconciliations efficiently and accurately each year, and best practices for documentation and audit preparation.

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auditor cpas audit Account 52

LSLCPAs

AUGUST 27, 2024

LSL Webinar “Back to Basics | Put the Pieces Together: A Guide to Bank Reconciliations” presented by Louis Li and Riley Greenlee, CPA outlined the fundamentals of performing accurate and efficient bank reconciliations to streamline the process for local government finance departments.

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auditor cpas CPA Government 52

Going Concern

DECEMBER 19, 2023

445 professional staff — 93 percent auditors and seven percent tax and advisory — participated in answer sharing during mandatory, open-book internal training assessments between 2016 and 2020. That changed on November 21, 2019 when assurance staff were told via webinar to “complete assessments independently.”

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auditor audit CPA Government 118

ThomsonReuters

NOVEMBER 2, 2023

It also revises the definition of significant risk so that auditors will be focused on where the risks lie on a spectrum of inherent risk. As auditors, it’s important to understand how to effectively apply SAS 145 to ensure compliance and enhance the overall audit process. Let’s take a look. Focus on the risk itself.

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auditor audit Government Account 105

Accounting Insight

AUGUST 3, 2023

ACCA (the Association of Chartered Certified Accountants), the Chamber of Auditors for Uzbekistan (COA) and the National Association of Accountants and Auditors of Uzbekistan (NAAAU) have signed a deal to work together. The three bodies will also look at working on capacity building projects. You can register for a free ticket here.

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auditor accounted Account accountant 52

TaxConnex

JULY 20, 2023

In this blog based on one of our recent webinars, here are how states and other tax jurisdictions are getting tougher with their exemption certificate audits. webinar with CERTifyTax founder and CEO Tom McCarthy and COO Ray Diaz as they discuss best practices in exemption certificate management.

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audit Sales Tax auditor 130

LSLCPAs

AUGUST 13, 2024

The post Preparing for Auditors: Best Practices and Key Workpapers for Long-Term Debt, Accounts Payable, and Accrued Liabilities appeared first on LSL CPAs.

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accounts payable auditor cpas accounting and finance 52

Withum

MAY 26, 2022

This on-demand webinar will outline the changes and updates that affect employee benefit plan audits, including management’s assessments that a Section 103(a)(3)(c) audit is appropriate for, how the new audit report will look like, and the required representations from management to the auditor. View More On-Demand Webinars.

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audit auditor 52

ThomsonReuters

DECEMBER 8, 2023

How AI is transforming audit Traditionally, auditors have heavily relied on manual processes to uncover risk in financial statements and business operations. This allows auditors to focus on more complex and strategic aspects of their work, such as interpreting results and providing experience-based insights to clients.

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audit auditor financial statements Technology 98

Cherry Bekaert

SEPTEMBER 6, 2024

The FFIEC plans to discuss these changes and introduce new resources during a webinar in the fall of 2024. The CAT also guides cybersecurity examiners and auditors in quickly assessing the state of security at financial institutions.

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auditor Government 111

Cherry Bekaert

MAY 9, 2024

A: An independent third-party auditor typically conducts an overhead rate audit. The auditor should be a qualified accounting professional who is experienced in auditing overhead rates and familiar with the intricacies of A&E accounting. Q: Who conducts an overhead rate audit?

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audit auditor Transportation Government 115

ThomsonReuters

JUNE 6, 2022

These standards revised the way the audit report is presented, called for enhanced communications between auditors and managers charged with governance, and prescribed additional audit procedures for related party transactions. At the same time, professionals must adhere to new auditing standards SAS 134-140.

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accounting standards accounted Account accountant 142

Cherry Bekaert

AUGUST 9, 2023

In this episode of Cherry Bekaert’s GovCon Podcast, Eric Poppe , a Managing Director in Cherry Bekaert’s Government Contracting Industry practice, is joined by Jeff Annessa , a Senior Manager in the Firm’s GovCon practice who spent 13+ years with the DCAA and held various positions such as Quality Manager, Supervisory Auditor, Field Audit Office (..)

audit 97

audit auditor Government public accounting 97

Airbase

DECEMBER 6, 2023

Speaking with Michael at a recent Ascent webinar, Alex explained the challenges Doximity faced with procurement and how Airbase has helped. A cleaner audit trail: Airbase’s ability to automatically create an audit trail for every transaction is essential for Doximity — and their auditors appreciate it. “Our

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NetSuite NetSuite Integration accounting and finance AP Automation 130

Cherry Bekaert

JULY 30, 2024

Brendan was previously a Divisional Administrative Contracting Officer (DACO) at the Defense Contract Management Agency (DCMA) and Jeff has spent over 13 years with the Defense Contract Audit Agency (DCAA), while also holding positions such as quality manager, supervisory auditor and field audit office manager.

accounting standards 64

accounting standards cost accounting accounted Account 64

Going Concern

MAY 13, 2024

On June 4, Cherry Bekaert is holding a Employee Retention Credit updates webinar. We included additional clarification that an auditor’s professional skepticism extends to other information that is obtained to comply with PCAOB standards and rules. Just want to add this screenshot. PCAOB Chair Erica Y.

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Oregon accounted Account accountant 96

CPA Practice

JANUARY 9, 2024

The Institute of Internal Auditors (The IIA) – the internal audit profession’s leader in standards, certifications, education, research, and technical guidance worldwide – has released new Global Internal Audit Standards. Specific guidance to assist internal auditors in the public sector and for small internal audit functions.

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audit auditor CPA Education 64

Cherry Bekaert

MARCH 18, 2024

Related Resources: Article: Determining Your True Cost for Full Cost Recovery Webinar recording: The True Cost of Grants and How to Maximize Your Cost Recovery – A CPE Webinar Recording View All Podcasts in this Series Questions? Contact Us The post Justify Your Spending — Grant Expenditures appeared first on Cherry Bekaert.

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auditor audit Government 52

CPA Practice

DECEMBER 19, 2023

Workshops and webinars conducted by industry experts and companies that specialize in AI can also be highly valuable. Saah has been with the company since 1998, where he started as a recruiting manager, following a career as an internal auditor and assistant controller.

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accounting and finance Finance accounted Account 121

ThomsonReuters

JANUARY 20, 2022

Sometimes, a plan instructs us to send claims information, which includes protected health information (PHI), to another business associate of the plan, such as a claims auditor or a medical reviewer. Both the PBM and the claims auditor have business associate contracts with the plan. Contributing Editors: EBIA Staff.

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auditor audit Tax Account 52

CPA Practice

MARCH 9, 2023

The rapid and continued pursuit of data and technology enablement, across all industries and organization types, has intensified competition for technology-capable talent along with the need to upskill or retrain internal auditors. Protiviti will host a complimentary one-hour webinar on April 11, 2023, at 1:00 p.m.

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audit Technology auditor accounting firms 52

Going Concern

FEBRUARY 9, 2024

IRS warns tax professionals to be aware of EFIN scam email; special webinars offered next week [ IRS ] The IRS warned that scammers are posing as tax software providers and requesting EFIN documents from tax professionals under the guise of a required verification to transmit tax returns. The sessions will begin Feb.

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Technology Colorado audit cpa firm 104

ThomsonReuters

MAY 2, 2023

Specifically, we’ll look at the need for auditors to maintain professional skepticism and document their work thoroughly to improve audit effectiveness and efficiency. In other words, how did the auditor identify a risk of material misstatement? Other controls based on auditor judgment.

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audit auditor financial statements Account 52

ThomsonReuters

APRIL 24, 2023

The significance is not taken lightly among auditors, who understand the importance of their role in providing reasonable assurance about whether a company’s financial statements are free of material misstatement. For this reason, if the auditor uses a fully substantive approach, an inherent risk assessment is critical.

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auditor audit financial statements Tax 59

ThomsonReuters

MAY 10, 2023

It is intended to “clarify the scope of the auditor’s understanding of the entity’s information-processing activities as well as the auditor’s responsibilities related to the identification and assessment of, and responses to, risks of material misstatement,” according to the Executive Summary.

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audit auditor Account accountant 52

ThomsonReuters

MAY 17, 2023

General IT controls Keeping in line with advancements in technology and the widespread use of automation tools and techniques, SAS 145 acknowledges the use of IT by both auditors and clients and expressly defines the risks arising from the use of IT. No, this doesn’t mean that auditors need to become IT experts.

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auditor audit Technology Tax 52

CPA Practice

SEPTEMBER 10, 2024

The CAQ’s third quarter survey, which was conducted online from July 9 to 22 among 100 U.S. institutional investors, gauged the use of CAMs in the investment decision-making process, the level of training or information investors received related to CAMs, investor satisfaction with CAMs, and how CAMs could be improved.

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audit auditor financial statements Maine 52

CPA Practice

AUGUST 28, 2024

AuditFile AI enables auditors to rollforward audits seamlessly from year to year, while gracefully handling updates to pronouncements and professional standards. Explore our website and follow us on social media for our latest podcasts and CPE webinars, in addition to daily news, features, awards, and special editions.

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Technology accounting firms accounted Account 124

ThomsonReuters

MARCH 20, 2024

These issues and more were discussed by tax and trade experts in a recent webinar hosted by Thomson Reuters “ Empowering retailers to thrive and modernize tax management in an omnichannel landscape.” Auditors typically request data encompassing several years, Davis notes, but large retailers may be processing millions of transactions per day.

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Retail Tax Technology auditor 52

CPA Practice

JULY 27, 2023

Auditors need to thoroughly examine a client’s financial records and operations to ensure accuracy and compliance with laws and regulations. Offer courses in different formats like live webinars, on-demand video courses, and in-person seminars to cater to different learning preferences.

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Technology audit Education accounting and finance 98

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. Webinar Discover how generative AI is changing the accounting industry in a new webinar. Can AI do accounting?

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accounting jobs accountant jobs accounts jobs accounted 52

Withum

MAY 21, 2024

An example of this is when Silicon Valley Bank failed, and I was able to “teach” the real meaning and application of Fair Value accounting, which is usually a hard concept for students and, as I have shown, even for experienced auditors to understand.

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financial statements audit auditor public accounting 59

Cherry Bekaert

JUNE 28, 2024

Collaborate With an External Auditor Managing the success of third-party relationships can be a daunting task, especially for organizations that are not internally set up to employ access controls or leverage automation tools.

Technology 59

Technology Legal auditor audit 59

ThomsonReuters

MARCH 19, 2024

By analyzing large datasets, AI systems can help auditors and accountants detect irregularities. On-Demand Webinar How to utilize generative AI to excel your tax and accounting services Learn how GenAI can help you create new insights, solutions, and opportunities for yourself and your clients.

Tax 52

Tax Technology Education auditor 52

Cherry Bekaert

SEPTEMBER 10, 2024

Our experienced professionals can review BC/DR plans, observe and review test results in real time or after conclusion, and perform tabletop testing and training while documenting results in a report which can be given to auditors and regulators.

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New York auditor Healthcare 52