CAMs: Thumbs up or thumbs down?
August 16, 2021
The jury is still out on whether critical audit matters (CAMs) provide meaningful information to financial statement users. Here’s what we’ve learned so far.
Have you followed up on the management letter from your audit team?
August 12, 2021
Looking for FREE professional advice on how to streamline operations and minimize risks? The management letter that accompanies your audited financial statement can be a valuable resource.
Large cash transactions with your business must be reported to the IRS
August 10, 2021
Certain types of businesses receive large payments of cash. They may be required to report the transactions to the IRS. Here are the rules.
Work with your payroll provider to pay deferred taxes
August 9, 2021
Employers using third-party payroll providers should collaborate closely with their vendors to ensure timely payment of deferred Social Security taxes offered under COVID-19 relief.
Financial statements: Take the time to read the entire story
August 2, 2021
Financial statements tell a story about financial performance. Managers and other stakeholders who read them from cover to cover have a clear, holistic understanding of the details.
Analytics software: A brave new world in auditing
July 29, 2021
Analytical software tools can take your audit to a higher level. Here’s how.
