Auditing


The AICPA Employee Benefit Plan Audit Quality Center ( www.aicpa.org/ebpaqc ), launched in March 2004, reported that more than 700 firms—from 48 states, the District of Columbia and Puerto Rico—have enrolled as members. These firms perform more than 55% of the approximately 80,000 audits conducted annually in compliance with the Employee Retirement Income Security Act (ERISA). The AICPA established the online center as a voluntary membership community and resource site for firms committed to performing high-quality audits in this arena.

NEWS

IRS sets start date for tax season

The IRS announced that tax season will start in late January and that it will issue refunds to taxpayers despite the partial shutdown of the federal government.

PODCAST

Why CPAs can’t wait on automation tools

What do accounting firms waiting on others to develop AI, automation, and data analytics tools have in common with a baseball fan sitting in a stadium filling with water at an exponential rate? The answer could determine your firm’s fate.