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

In focus: Payroll

Providing payroll services that comply with ever-changing regulations and meet evolving employee and employer demands is no easy task. Paychex's Tom Hammond discusses common payroll considerations for CPA firms.

PODCAST

A closer look at threats to CPA licensure

Legislation in states around the country could put CPA licensure in danger. This episode examines what practitioners need to know to help ensure the profession is protected.