Firms with A&A practices should be aware that the new quality management standards include changes to engagement quality reviews.
Advisory & consulting services
How firms are seizing the ESG opportunity
Sustainability teams are breaking new ground in accounting firms — but staffing and training remain a challenge.
ESG assurance opportunities likely to grow for CPA firms
Companies may need more rigorous assurance on environmental, social, and governance data as regulatory obligations emerge. CPA firms are poised to deliver.
NOCLAR: Proposals aim to help CPAs find the right balance
It can be difficult for a CPA to decide how to proceed if they identify or suspect a client’s or employer’s noncompliance with laws or regulations. New proposals are designed to help CPAs fulfill their ethical responsibilities.
New AICPA TQAs address third-party assessment engagements
Technical Questions and Answers released by the AICPA describe the characteristics of a third-party assessment program and the standards a member is required to apply to a third-party engagement.
Advice from the experts: Defending audit claims
Learn what CPA firms can and cannot do to assist those who defend auditors against professional liability claims.
Cybersecurity provides opportunities for auditors to serve
Practitioners can provide services to clients related to cybersecurity beyond their financial statement auditing role, according to a newly published report from the Center for Audit Quality.
Managing risk related to consulting engagements
Consulting can be a lucrative and rewarding addition to your firm’s offerings. Consider these risks and steps before taking on a consulting engagement.
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SPONSORED REPORT
Preparing clients for new provisions next tax season
As the 2025 filing season approaches, H.R. 1 introduces significant tax reforms that CPAs must be prepared to navigate. These legislative changes represent some of the most comprehensive tax updates in recent years, affecting both individual and corporate taxpayers. This report provides in-depth analysis and guidance on H.R. 1.