Recognize opportunities to customize audit procedures at less-complex entities while meeting the requirements of the standard.
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November 2024 - Journal of Accountancy
- Magazine
- November 2024
AUDIT & ASSURANCE
Resources to implement the QM standard
The AICPA offers a comprehensive practice aid to help firms implement the new quality management standard by the 2025 deadline.
FIRM MANAGEMENT
Offshoring for CPA firms: The hows and whys
Offshoring can open the door to a global talent pool, but firms should follow best practices and avoid common pitfalls.
TAX
New and enhanced energy tax credits for individuals
Help clients save money on green vehicles and home energy upgrades.
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The data-driven audit: Technology and the future of auditing
Cathy Rowe, Senior Vice President and Segment Leader, U.S. Professional Market, Wolters Kluwer Tax & Accounting North America, discusses how data-driven insights combined with analysis and guidance can make audits more thorough and help firms make better decisions.
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How to protect nonprofits from hidden fraud risks
CPAs can help not-for-profits spot the red flags of common schemes, so they can take steps to tighten controls and reduce exposure.
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