Internal Controls



The recently formed Center for Audit Quality (www.thecaq.org) issued comments on SEC and PCAOB proposals related to section 404 of the Sarbanes-Oxley Act of 2002 (SOX 404). The Center supports the proposals, which encourage increased effectiveness and efficiency in implementing the provisions of SOX 404. However, the Center offered technical comments intended to improve the proposals in meeting their overall goal of making implementation of SOX 404 more effective and efficient. The comment letters are available at www.aicpa.org/caq/download/PCAOB_Docket_021_Comment_Letter.pdf and www.aicpa.org/caq/download/SEC_Release_33-8762_Comment_Letter.pdf .

SPONSORED REPORT

Tax reform changes are now in effect

With all the recent tax law changes, this year it’s more important than ever to make sure your clients’ tax situations are squared away before year end. This report provides necessary guidance to ensure 2019 starts without a hitch.

PODCAST

Using drones to enhance audits

Hermann Sidhu, CPA, global assurance digital leader at EY, walks us through EY’s exciting new project to use drones to help audit large warehouses and outdoor inventories.