AR-C 80: Definitive Guide to Compilations
Knowing how to perform compilation engagements is important for CPAs. Below I provide an overview of the salient points…
Eight Types of Accounting Journal Entries
In this article, I provide eight different types of accounting journal entries. Understanding journal entries is critical to understanding…
Vetting Information Technology Controls in Risk Assessment: SAS 145
Information technology controls (IT controls) are getting increased attention with the implementation of SAS 145, Understanding the Entity and…
Five Powerful Ideas to Test for Fraudulent Payments
Are you looking for ways to test for fraudulent payments? Here are five ideas.
Understanding the Chart of Accounts: A Fundamental Guide
What is a chart of accounts? If you are new to accounting, you may not know. But you need…
Online CPA Resources: Free and Paid Options
Are you looking for online CPA resources? You’ve come to the right place. There are plenty of online resources,…
Audit Mistakes: Seven Deadly Sins
Seven deadly audit sins can destroy you. These audit mistakes kill your profits and effectiveness. You just completed an…
Reporting Duties When No Internal Control Issues are Noted
This article tells you what to report when there are no internal control issues. I discuss AICPA and Yellow Book guidance.
Tips for Communicating with a Predecessor Auditor
Communicating with a predecessor auditor can be trying. Even so, audit standards require that you (at least try to)…