SAS 143, Auditing Accounting Estimates
In this article, I explain SAS 143, Auditing Accounting Estimates and Related Disclosures, a new audit standard applicable for periods ending…
Are You Over Auditing and Wasting Time?
Are you over auditing? In this article, I explain how you can stop over auditing and wasting precious time….
New SSARS Book – Second Edition
Are you looking for preparation of financial statement assistance? How about compilation engagement guidance? If you are a CPA…
How to Account for Lessee Finance and Operating Agreements: ASC 842
Most CPAs grapple with leases from the lessee’s point of view, so in this post, we’ll look at finance…
How to Understand the New Lease Accounting Standard
Do you need help in understanding the new lease accounting standard? This article provides you with a basic understanding…
Changes in Leases and the Leasing Industry: ASC 842
The Leasing Industry will Change In my last lease post, we saw that bright-line criteria (e.g., lease terms of…
Thefts of Cash From Local Governments
Thefts of cash from local governments is common. How many times have you seen a local newspaper article like…
Segregation of Duties: How to Overcome
Segregation of duties is key to reducing fraud. But smaller entities may not be able to do so. Today,…
AR-C 90: Definitive Guide to Review Engagements
Review engagements provide limited assurance using AR-C 90, Review of Financial Statements. And these engagements can be done with much…