The GAO issues a draft of a strategy guide to help
federal departments and agencies minimize their improper payments. It
includes examples of techniques public- and private-sector
organizations have used to estimate the extent of such payments, the
cost of implementing effective internal control systems and the
effectiveness of corrective actions to date. Comments are due by
August 15 ( www.gao.gov/new.items/d01703g.pdf
).
PODCAST
What’s next for potential CPA licensure changesA new model proposed by NASBA and the AICPA is designed with an eye on the future for newly licensed CPAs. The AICPA's Carl Mayes, CPA, provides background on the project and a look ahead to 2020.
VIDEO
What RPA is and how it worksRobotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.