Audit & assurance news and resources -- Journal of Accountancy

TOPICS

April 24, 2017

7 steps to planning a successful not-for-profit audit

This column offers tips to help make year-end financial statement audits more effective and less challenging.

April 20, 2017

ASB addresses auditor reporting on ERISA plan financial statements

An ASB proposal would change standards for auditors reporting on financial statements of ERISA employee benefit plans.

April 10, 2017

GAO proposes revisions to government auditing standards

Requirements for auditors related to competence, continuing professional education, auditor independence, and other topics would change under revisions to Government Auditing Standards proposed by the U.S. GAO.

April 6, 2017

New audit data standard addresses inventory subledger

Basic analysis of the inventory process can become easier through use of a new audit data standard issued by the AICPA Assurance Services Executive Committee.

April 1, 2017

ASB issues new going concern auditing standard

The rules consider the accounting provisions in the FASB standard issued in 2014.

April 1, 2017

Rethinking the audit

As technological innovations change the way audits are performed, auditors need to be ready to use new tools to gain insight from data.

April 1, 2017

How to enable audit innovation

Deloitte’s efforts are aided by a mechanism for generating ideas, strategic alliances with technology developers, and easy-to-use tools.

March 29, 2017

How financial statement audits deliver key business insights

Financial statement audits are not just a compliance exercise, but also an opportunity to gain knowledge that can generate positive business results.

March 1, 2017

A framework for continuous auditing: Why companies don’t need to spend big money

Follow these steps to start or grow data-based auditing practices.

March 1, 2017

Coping with audit changes

Practitioners must persevere in an environment of new standards and regulatory upheaval.

February 22, 2017

ASB issues new going concern auditing standard

The AICPA Auditing Standards Board issued a new standard that considers FASB’s new accounting considerations for going concern as well as GASB’s accounting guidance for state and local governments.

February 1, 2017

AICPA urges changes to employee benefit reporting proposal

2 comment letters express concerns about inconsistencies and confusion.

January 10, 2017

How drone aircraft will change the CPA profession

In this episode, guest Julia Morriss of the AICPA joins the show to give us a glimpse of accountants’ aeronautical future.

January 1, 2017

Issuance expands application of preparation and compilation standards

SSARSs are extended to certain prospective, pro forma, and historical financial information.

December 7, 2016

7 keys for auditors’ success in a changing environment

Efforts by auditors in three key areas have led to improved quality in audits, PCAOB inspections show.

December 2, 2016

2015 audit fee increases varied based on size, type of auditee

The median audit fee increase paid by Securities and Exchange Commission filers was 3.2% in 2015 compared with the previous year, according to a new survey.

December 1, 2016