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Member Articles


How Auditors Use Analytical Procedures

In November 2017, the American Institute of Certified Public Accountants (AICPA) published an updated audit and accounting guide on analytical procedures. The use of audit analytics can help during the planning and revie ...

SEC Extends No-Action Relief for Auditor Independence

Contact: Peggy McCaffrey In a no-action letter issued by the Securities and Exchange Commission (SEC) Division of Investment Management to Fidelity Management and Research Company in June 2016, the SEC provided tem ...

11 Inventory Control Fast Fixes to Improve Your Bottom Line

Author: Chris Valponi, CPA For many companies, keeping close tabs on revenue, expenses, and profit is the number one priority. However, companies that carry inventory may not realize its direct effect on profitability.& ...

International Auditing and Assurance Board (IAASB) Changes Audit Report Standards

Contact: Lisa Brink, ESV (New South Wales, Australia) Earlier this year the International Auditing and Assurance Board (IAASB) issued its new and revised suite of reporting standards. Included in the changes i ...

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