Auditing


For news from the AICPA and state societies, visit www.cpa2biz.com , which also offers online CPE, AICPA professional literature, practice management aids and links to state society Web sites.

Both the Institute and the Big Five issue statements describing their latest initiatives to improve the quality of financial reporting and auditing. Among such efforts are the Institute’s plans—with the firms’ help—to expand Auditing Standards Board fraud detection and deterrence guidance for financial statement issuers, audit committees and auditors and to continue implementing the recommendations of the Panel on Audit Effectiveness. ( http://ftp.aicpa.org/public/download/news/auditquality.pdf ; www.aicpa.org/news/bigfive.htm )

SPONSORED REPORT

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This report summarizes recent proposals to reform the U.S. business income tax system and considers the path to enactment of any such legislation.

VIDEO

How to Excel pivot a general ledger

The general ledger is a vast historical data archive of your company's financial activities, including revenue, expenses, adjustments, and account balances. J. Carlton Collins, CPA, shows how to prepare data for, and mine data with, PivotTables.

QUIZ

Did you follow 2016’s biggest accounting news?

CPAs will remember 2016 as a year of new standards and new faces. How well did you follow the biggest accounting events? The 7 questions in this quiz will help you find out