Recent articles
Find Material Misstatements Before They Find You
Learn the material misstatements auditors need to keep an eye out for.
Significant risks in an audit
This article explains the significant risks of an audit and how to identify potential pitfalls.
Recent Auditor Report Changes – What Do They Mean For Not-for-Profits?
As a follow-up to our recent Not-for-Profit Symposium, we’re looking at the new auditor’s report changes and why these matter for not-for-profits. To synchronize and better align with international reporting standards, the AICPA Auditing Standards Board (ASB) issued...
Contractor ASC 606 Reporting: Where are we now?
This article provides insight and tips for consistency in contractor financial statement reporting under ASC 606.
Last minute change: Amendment to the discount rate guidance in ASC 842
Learn about recent updates to ASC 842 as the deadline approaches.
Recent Updates to ASC 606: Post-Implementation Review, ASC 805
While ASC 606 Revenue from Contracts with Customers (ASC 606) has been effective for all companies with annual reporting periods beginning after December 15, 2019, the FASB’s post-implementation review (PIR) process and updates to other standards continue to cause...