News & Insights
How Your Business Can Prepare for and Respond to an IRS Audit
October 24th, 2024
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Audit |
Tax
The IRS has been increasing its audit efforts, focusing on large businesses and high-income individuals. By 2026, it plans to nearly triple its audit rates for large corporations with assets […]
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Understanding Your Obligations: Does Your Business Need to Report Employee Health Coverage?
October 9th, 2024
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Audit |
Employee Benefit Plan |
Tax
Employee health coverage is a significant part of many companies’ benefits packages. However, the administrative responsibilities that accompany offering health insurance can be complex. One crucial aspect is understanding the […]
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Audit Preparation: Ensuring Your Organization is Ready for the Process
July 8th, 2024
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Accounting & Outsourced Solutions |
Audit |
Financial Statement & Audit Preparation
By: Renee McNutt and Kylie Kalleward If your organization has never had to undergo an audit before, the process can be daunting and overwhelming. A typical reaction could also be […]
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Peer Review: Ethics Standard Updates
July 2nd, 2024
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Peer Review
Wondering what’s going on in ethics standard setting? Starting with the May meeting of the Professional Ethics Executive Committee, the AICPA will publish a webcast of the full meeting a […]
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Resources from the AICPA’s Enhancing Audit Quality (EAQ) Initiative
July 2nd, 2024
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Peer Review
Quality Management The effective date of the new quality management standards continues to quickly approach. Recall that a firm’s system of quality management must be operational by December 15, 2025; […]