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AICPA SSAE 18 - Does Your Service Organization Effectively Assess the Controls Residing at its Subservice Organizations?

Many service organizations (e.g., payroll processors, data centers, facilities management companies), for reasons similar to why their clients contract ... read more >

New Going Concern Standard

Audit

By Matthew Kraemer

On February 22, 2017, the American Institute of Certified Public Accountants (AICPA) Auditing Standards Board issued Statement on Auditing Standards No. ... read more >

Thinking outside the box to solve labor challenges in the Transportation and Logistics industries

Good employees are crucial to the success of any business; unfortunately finding and retaining talent is also one of the top challenges most companies ... read more >

Recognizing Revenue - Revenue May Be Recognized More Quickly Under ASU 2014-09 Relating to the Sale of Software Licenses

ASU 2014-09, Revenue from Contracts with Customers, will have a significant effect across all industries; however, the software industry is likely to see ... read more >

Revenue Recognition: Software Industry

Audit

By Patti Giudici

In connection with the Financial Accounting Standards Board Accounting Standards Update 2014-09, Revenue from Contracts with Customers, 13 issues were ... read more >

Five Tips for Your Effective and Efficient Audit

Audit

By Patti Giudici

Most companies have an annual audit performed to comply with banking and investment requirements. For most calendar year-end companies, the annual audits ... read more >

Updates and Changes to Mortality Tables by the IRS and Society of Actuaries

Audit|ERISA

By Lara Fuller

The IRS has approved and issued Notice 2016-50, Updated Static Mortality Tables for Defined Benefit Pension Plans for 2017. However, they have once again ... read more >

Accounting for Goodwill is Changing...Again

Anyone who has been in the accounting profession for a handful of years has seen numerous changes to the accounting guidance as it relates to goodwill. ... read more >

Preparing Retail for Generation Z

Audit|Retail

By Patrick Kerns

Move over millennials, as Generation Z comes of age, they are becoming a force for change in retail. Generation Z is composed of everyone born after 1995 ... read more >