In June 2022, the AICPA Auditing Standards Board (ASB) issued three interrelated standards on quality management (collectively, the QM standards). The new QM standards represent a significant change in how CPA firms will approach audit and...
It's been said that you cannot fit a square peg into a round hole. The same principle holds for audits of not-for-profit entities. You cannot apply a standard commercial audit approach to auditing a not-for-profit entity and expect a good fit....
Professionals must have a strong working knowledge of the reporting requirements to prepare accurate and effective not-for-profit financial statements. Examine the requirements and how they manifest in the financial statements, and clarify...
Focus on one key role we all share – being a reviewer. Every financial professional must review. We review processes, systems, test results, performance, taxes, financials, timelines and progress. The spotlight is to enhance our skills as...
TOPICS-AT-A-GLANCEOn the Economic, Business and Political Landscape2024 Legal UpdateAccounting and Auditing Update for Financial InstitutionsBalance Sheet Strategies in the Current EnvironmentOptimizing Banks’ Interest Rate Risk ManagementTax...
Develop your soft skills in training courses that benefit the person attending and their organization. Part four of the five-course series applies to various accounting departments (i.e., audit, tax, consulting, and accounting services). Still,...
Financial managers are continually asked to do more with less. Without a practical knowledge of lean techniques, getting the most out of your accounting operation is virtually impossible. Discuss lean concepts and methods and how to apply these...
Part one of a five-course series addresses common issues new staff members face. Focus on strategies to improve efficiency and quality control, build technical skills, and make valuable contributions to a company. Dive into the fundamentals:...
The law can be your best friend as an accountant or your worst enemy. The difference between the two is knowledge - do you possess it or not? Discuss the basics of legal procedure, evidence, torts, employment law, constitutional law, criminal...
The employer-employee relationship strains both sides in uncertain times. Businesses need CPAs, controllers and other advisors to understand the complicated legal, tax and health care issues associated with all aspects of employment, especially...
