Statute Compliance: Statutory Audit Requirements Overview
A statutory audit, a legally mandated examination of a company's, nonprofit’s,…
How to Select the Right Audit Firm
Private company audits are required for various reasons, like improving…
AICPA Audit vs. Review: How Are They Different?
What is the difference between an AICPA audit and a review? When companies need…
ASU 2020-06: Changes to Financial Statement Assertions
Is your company aware of the latest developments in financial statement…
Financial Statement Audit: The Role of Inventory Valuation
Inventory valuation is an integral part of a company's financial statement…
Third Party Audit: 5 Best Practices for Internal Controls
A private company audit can be a daunting task. You have to ensure that your…
How Will Audited Financial Statements Change Under ASC 842?
In February 2016, the FASB issued ASU 2016-02 Leases (Topic ASC 842) to provide…
5 Ways To Plan For Your Private Company Yearly Audit
A private company yearly audit is designed to carefully examine your company’s…