Agile Audit – Time to Get Ready
Is your company ready for agile auditing? Agility — or the ability to react quickly — is essential to surviving and thriving in today’s competitive landscape. Though agile techniques were…
Is your company ready for agile auditing? Agility — or the ability to react quickly — is essential to surviving and thriving in today’s competitive landscape. Though agile techniques were…
Four ways to improve the effectiveness of your audit committee Audit committee(s) face many challenges in 2021. As the economy rebounds from the COVID-19 pandemic, there are new dimensions to…
Analytical procedures can help make your audit more efficient The use of audit analytics can help during the planning and review stages of the audit. But analytics can have an…
Preparing for the possibility of a remote audit This audit season might be much different than seasons of yore. As many companies continue to operate remotely during the COVID-19 pandemic,…
Reporting contingent liabilities Contingent liabilities reflect amounts that your business might owe if a specific “triggering” event happens in the future. Sometimes companies are unclear when they’re required to report…
Your Audit Committee Role Before you jump headfirst into the year-end financial reporting process. You should review the role independent audit committees play in providing investors and markets with high-quality,…
Audit of Your Employee Benefit Plan Some benefit plans are required to include an opinion from an independent qualified public accountant (IQPA) when filing Form 5500 each year. The IQPA…
Audit Procedures and Risk assessment: A critical part of the audit process Audit season is right around the corner for calendar-year entities. Here’s what your auditor is doing behind the…
Auditing Financial Statements in a Cashless Environment Like most businesses, you’ve probably experienced a significant increase in the number of customers who prefer to make cashless payments. And you may…
What’s Your Audit Opinion The type of opinion your auditor issues tells stakeholders whether you’re in compliance with accounting rules and likely to continue operating as a going concern. These…