News & Insights
Recent Posts
- The Audit Findings That Never Seem to Go Away – And How Municipalities Can Fix Them
- Looking for Funding? Consider SBA Loans
- Protect Yourself From Fraudsters Impersonating the IRS and Other Tax Scams
- Self-Employed? Don’t Overlook a Roth IRA
- Knowing What’s Coming: Why Every Local Government Needs a Capital Improvement Plan
- Is an Advisory Board the Right Solution for Your Nonprofit?
- Three Key Considerations for Effective Grant Management in Local Governments
- What You Can Do to Protect Your Business from Rising Costs
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Resources from the AICPA’s Enhancing Audit Quality (EAQ) Initiative
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;…
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Peer Review: Governmental Updates
Yellow Book CPE Requirements: Are You Ready? A common question firms are asking AICPA Peer Review staff is what exactly is required related to the Yellow Book continuing professional education…
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Digital Assets: Considerations for Existence, Rights, & Obligations, and Valuation
The practice aid, Accounting for and Auditing of Digital Assets, will be updated soon to include two new auditing chapters covering key assertions for consideration when performing engagements involving digital…
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Completing Peer Review Engagement Profiles
Completing engagement profiles for the engagements selected in your firm’s peer review is a critically important step which gives the reviewer an outline of key engagement details, such as non-attest…
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Scrupulous Records and Legitimate Business Expenses are the Key to Less Painful IRS Audits
If you operate a business, or you’re starting a new one, you know records of income and expenses need to be kept. Specifically, you should carefully record expenses to claim…