Recent articles
Managing the Going Concern Risk in an Uncertain Environment
In Brief The worldwide COVID-19 pandemic has affected businesses of every size in every country, and the United States has been hit particularly hard. Many businesses are facing increasing...
IRS issues revised audit technique guide for cost segregation analysis
The Internal Revenue Service issued a revised Audit Technique Guide last week to help examining agents evaluate the validity of cost segregation studies submitted by taxpayers to substantiate...
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A Guide to IRS Mileage Rates for 2022 Taxes
Internal Revenue Commissioner Charles Rettig announced on June 9th that there’ll be increases in the agency’s mileage rates for 2022 taxes, a decision that coincided with members of Congress...
Improving Audit Quality: Overview of ISQM 1, ISQM 2, SQMS 1, & SQMS 2
Back in my day (gosh, that makes me sound old), audit quality wasn’t really a “thing.” Sure, we did what we thought were good audits, and occasionally they might get reviewed, either internally...
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Lease liabilities return to pre-pandemic level as companies adjust to accounting standard
Learn important information about lease liabilities and market changes according to a new report.
FASB plans new standards
The FASB is planning for future accounting standards.