News & Insights

Fraud Risk Assessment: What Auditors Watch For

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Auditing standards require auditors to identify and assess the risks of material misstatement due to fraud and to determine overall and specific responses to those risks. Here are some answers […]

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How Your Business Can Prepare for and Respond to an IRS Audit

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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?

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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

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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

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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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