Practice Management


PRACTICE MANAGEMENT
Smaller CPA firms are gaining ground in the market for SEC audits, according to PCAOB Chairman Mark Olson in recent testimony before the House Committee on Small Business. “The Big Four firms have reduced their public company audit client base by more than 1,000 clients since Arthur Andersen’s demise,” said Olson. “In the same period...the next four have added more than 250 audit clients among them, and smaller firms have taken on more than 580 audit clients.” He added that 10 U.S. firms and one non-U.S. firm now each audit more than 100 public companies, subjecting the firms to PCAOB annual inspections.

SPONSORED REPORT

CPEOs provide peace of mind around payroll services

The creation of these new IRS-certified service providers for small businesses clarifies some issues around traditional professional employer organizations.

QUIZ

8 sentences to help you master subject-verb agreement

When professionals prepare written material for readers inside their organization or outside, they should make sure that no errors distract from the message they need to convey. Take this short quiz for practice in subject-verb agreement.