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 )

PODCAST

What’s next for potential CPA licensure changes

A 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 works

Robotic 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.