Why Inventory Valuation Is Important for Your Financial Statement Audit

Inventory valuation is an integral part of a company's financial statement…


Plan For Your Inventory Observation by a Certified Public Accountant

Don't be caught off guard by your next inventory count by a certified public…


Private Company Audit: 5 Best Practices for Internal Controls

A private company audit can be a daunting task. You have to ensure that your…


Construction CPA: Frequent WIP Problems & Solutions

Construction accounting is critical to ensure that projects are completed on…


Will the New Accounting Standard Affect Your Nonprofit Financial Audit?

A new accounting standard issued by the Financial Accounting Standards Board…


3 Key Differences Between an NPO Audit and a Private Company Audit

Whether your nonprofit organization (“NPO”) is just getting started or has been…


SEC Crowdfunding: What Are Your Financial Requirements?

If you are looking to launch an SEC crowdfunding campaign, it is essential to…


What You Should Know About Reg A+ and Crowdfunding

Reg A+ and crowdfunding have come a long way. A report by the SEC shows that in…


Certified Public Accountant Firm: Comparing an Audit, Review, and Compilation

When reviewing your company's financial statements, there are several reviews…


Broker Dealer Audit: Essential Roles and Entities

Broker dealer audit examinations are necessary to protect investors and…


3 Common Employee Benefit Plan Audit Problems and How to Avoid Them

As a plan administrator for a 401k plan, you want to ensure your employee…


In The News: Major Changes to Your 401k Plan Audit Requirements

If you are a benefit plan sponsor, your 401k plan audit requirements will be…


Preparing for Your First 401k Audit: What You Need To Know

If your company sponsors a 401k plan, you may be wondering what happens during…


5 Key Players To Know For Your 401k Audit

Your 401k audit requires the work of multiple key players with different roles…


How Will Your Audited Financial Statements Change Under ASC 842?

In February 2016, the FASB issued ASU 2016-02 Leases (Topic ASC 842) to provide…


In the News: ASU Guidance for Your PCAOB Audit

How will new U.S. Accounting Standards affect your next PCAOB audit? New…


How Will ASU 2021-04 Treat Warrants In Your Public Accounting Audit?

The FASB recently issued ASU 2021-04 how to treat written call options, such as…


Essential Tips To Prepare For Your Construction Industry Accounting Audit

Construction industry accounting is a complex area that can be difficult to…


5 Ways To Plan For Your Next Private Company Audit

A private company audit is designed to carefully examine your company’s…


What Is the Impact of ASU 2020-06 on Your Public Company Audit?

New accounting guidance can perpetually affect your public company audit. Last…


3 Types of Complex Debt Instruments in Your Public Accounting Audit

Before your company’s public accounting audit, you must gather your essential…


Public Company Audit Preparation: How To Plan Ahead For Your Audit

A public company audit is not only required by law for publicly traded…


Broker Dealer Compliance: Are You Claiming the Correct Exemption?

To clarify exemption rules for non-carrying broker dealers, the U.S. Securities…


Top 6 Questions To Ask Your CPA About Your Broker Dealer Audit

New rules and regulations governing broker dealers have led to a complex…


How Can Nonprofit Auditors Help Me Handle Accounting Changes?

Accounting standards are always evolving to improve reporting consistency. As…


3 New Accounting Changes That May Affect Your Nonprofit Audit

Revenue recognition in a nonprofit audit has been a popular topic in the…


Nonprofit Accounting: When Does Your Nonprofit Require a Single Audit?

Government funding is a critical financial resource for nonprofits to improve…


7 Ways to Prepare for a Successful Nonprofit Audit

While audits can be stressful and tedious, a nonprofit audit is necessary to…