Cyber Security and Challenges and Threats Organizations Face
Many companies are still unaware of the importance of cybersecurity and the ways to tackle them. A technical fault or human error can be seriously harmful for business operations.
Auditing Revenue Recognition in a Pandemic
The COVID-19 pandemic has thrown many curveballs at the accounting industry, one of which is how to properly perform revenue recognition tests in accordance with the latest authoritative guidance while also adjusting testing for the pa
Corporate Tax
A corporate tax is imposed by the government on a business’s profit. The amount that is collected from corporate taxes is used as a source of income spent on the nation.
Single Audit Guidance
A single audit is an audit of a federal award that is expended by state and local governments and non-profit entities. The audit is performed to ensure that the entity expending the funds is following all of the rules and regulations of the award. A federal award p
Ethics and The Accounting Profession
Accounting professionals are bound to adhere to the rules of the organizations and professional standards of the accounting industry.
What is CPE (Continuing Professional Education)?
CPE is ongoing training for certified professionals to remain certified in certain fields.
A Basic Understanding of Forensic Accounting
Forensic accounting is a newer accounting specialty that has become more popular in the last several years but many professionals don’t have a strong understanding of what a forensic accountant does. In this post, we wil
The Sarbanes-Oxley Act 2002 Summary
The Sarbanes-Oxley Act of 2002 is a law passed by U.S. Congress on July 30, 2020 protect investors from corporate fraud.
New Requirements for Reporting Contributed Non-financial Assets
The Financial Accounting Standards Board (FASB) recently released a new accounting standard requiring additional disclosure information when reporting contributed nonfinancial assets on financia
Back to Work Business as usual– Sorta!
It’s so mixed up. More and more employees are working from home. Programs like Zoom are helping us connect and pressing zillions of buttons on our telephone actually gets us transferred to the “right” person who is