Companies hiring for internal audit should prepare for disruptive innovations by employing more technology-savvy workers who are ready to take on challenges in business strategy, according to a report by Deloitte for the Institute of Internal Auditors (IIA).
The International Accounting Standards Board (IASB) is beginning a comprehensive review of accounting requirements for intangibles. The project will assess whether the requirements of IAS 38 Intangible Assets remain relevant and continue to fairly reflect current business models or whether the IASB should improve the requirements.
One professional’s Big Four experience inspired her to research gender differences in accounting, and her findings revealed the impact of having a woman in a leadership role.
The four-step process to auditing cashless transactions is a guide for auditors to use as they navigate their client’s many pathways of cashless transactions.
Jul 31, 2020, 13:01 PM
by
Jessica Salerno Shumaker
Here's how the OSCPA Accounting and Auditing Committee answered a question from a member on a GAAP exception for new revenue recognition and lease standards.
A new group of audit reporting standards proposed in November by the AICPA Accounting Standards Board aims to increase the transparency of the auditor’s considerations in issuing an opinion.
As cyber security headaches make their way into everyday business tasks, financial professionals need to consider how these issues will change the way they work in the future.