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Data Reveals Opportunity for Both Advisory and Compliance Work
Recent findings indicate that accountants don’t need to shift entirely to advisory work, as firms that balance both advisory and compliance services tend to be highly successful. This conclusion stems from a study by the Center for Accounting Transformation, CPA Trendlines, Avalara, and Brigham Young University, which analyzed responses from 213 accountants across various firm […]
PwC Investigation Extends to Hong Kong Following Record Fine in China
Following a record fine imposed on PricewaterhouseCoopers LLP’s China operations over their audit of the failed real estate giant China Evergrande Group, the investigation into the firm now shifts its focus to Hong Kong. The Accounting and Financial Reporting Council (AFRC) of Hong Kong announced that its review of PwC’s Hong Kong practice, distinct from […]
Ireland Faces Decision on Apple’s €13B Tax Windfall It Never Wanted
Ireland now faces a challenge that most countries could only dream of: how to allocate an unexpected €13.8 billion ($15.2 billion) windfall from back taxes that Apple Inc. was ordered to pay following a ruling by the European Union’s top court.
Understanding Compliance Audits: What You Need to Know
Compliance audits are a key tool for ensuring that a business adheres to regulatory standards. Learn the importance of compliance audits and how to prepare for one.
The Role of Auditors in Fraud Prevention
Auditors play a crucial role in detecting and preventing fraud within organizations. Discover how auditors uncover fraud and the techniques they use to protect businesses.
Best Practices for Conducting a Financial Audit
A financial audit can be daunting, but following these best practices can help ensure it goes smoothly. Learn how to prepare your business for a successful audit.
How Technology Is Revolutionizing the Audit Process
From artificial intelligence to blockchain, new technologies are transforming how audits are conducted. Explore the future of audit technology and what it means for auditors.
The Basics of Internal Auditing: Why It Matters
Internal audits are essential for ensuring compliance and identifying areas of improvement within a business. Learn the key steps involved in conducting an effective internal audit.
How to Prepare for Tax Season: A Step-by-Step Guide
Tax season can be overwhelming, but with the right preparation, you can make the process smoother. Follow this guide to ensure that you’re ready when the time comes.