Auditing / Financial Reporting
If you believe the numbers tell it all, think again. Corporate reporting on nonfinancial factors such as labor relations or industrial pollution can boost or ruin a company’s image, profitability and growth. Readers will learn about the new framework for corporate sustainability reporting (CSR) and the challenges auditors face on CSR assurance engagements.
Auditing / Ethics
New PCAOB restrictions on tax services and contingent fees may require external auditors to reevaluate policies and procedures. Here are the key provisions of the rules and tips for implementing them.
Bankruptcy / International
Doing business abroad brings unique risks related to complying with various regulations. But CPAs can help companies manage these risks by building a compliance infrastructure.
Special Report
Accounting firms worldwide have for many years formed alliances, and there are good reasons to do so. But participation in an alliance is not without risks. In litigation, plaintiffs often attempt to exploit the relationship among the member firms by suing not just the member that provided the services. Here are steps that can be taken to reduce the risks of vicarious liability associated with these alliances.
Business Continuity / Practice Management
You’ve planned your firm’s operations meticulously, but are you as prepared as you think? CPAs who have surmounted different types of crises share valuable information about how to keep a firm going after a severe document, equipment or personal loss.
Technology
When you need to create a spreadsheet to calculate the impact of various business scenarios, Excel provides tools such as spinners and scroll bars that let you “dial” a mixture of business conditions and forecast how each will affect your company’s metrics.