Auditing
With the issuance of SAS no. 82, the AICPA auditing standards board has taken a major step to provide expanded operational guidance on the auditor's consideration of fraud in a financial statement audit. A key goal is to heighten overall awareness of the possibility of financial statement fraud throughout the entire audit.
Professional Issues
Despite the absence of protection under federal or common law, accountant communications and work product might be protected from disclosure if they fall within the attorney-client privilege.
Technology
Considering the frantic pace at which computer and communication hardware products are introduced, it's no wonder accountants often feel overwhelmed when deciding which electronic equipment to buy. This article lists a wide range of products that not only perform as promised but also perform well, making them valuable tools for CPAs.
Management Consulting Services
CPAs eager to enter the popular litigation services niche should be well aware of the professional standards and ethics rules that apply. This article discusses each set of standards and when they come into play.
The Financial Manager
For an exam prep software company, a sudden surge in growth became a management nightmare. MicroMash founder Janis Monroe describes how she survived success.
Members in Business and Industry
The times they are a-changin', and those changes will dramatically affect the work of accountants who work in business and industry. This article examines the technical and emotional hurdles CPAs face in adapting to the new roles that will soon be expected of them.
Practice Management
How one small firm prospered by going one-on-one with each of its clients to find out what services they considered most valuable. Also, how the firm developed new services to meet each clients particular needs.