Many accounting students, ready to embark on careers in public accounting, face an important decision between specializing in tax or audit. Firms often hire based on internal needs, yet some, like Weinstein Spira, offer a rotation program that empowers candidates to...
In October 2021, the American Institute of Certified Public Accountants (AICPA) Auditing Standards Board (ASB) issued Statement on Auditing Standards (SAS) No. 145, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement in...
Does your company have a significant number of leases? Are you required to apply accounting under Accounting Standards Codification 842, Leases (ASC 842)? If so, you may want to explore purchasing software to assist with accounting for those leases. Lease accounting...
Let’s start with a sobering statistic: The Association of Certified Fraud Examiners (ACFE) estimates that organizations lose 5% of their revenue to fraud annually. What could you do if that 5% wasn’t missing? Whistleblowers Have an Impact on Detecting Fraud The...
Deciding which QuickBooks version is a best fit for your business can be a challenge. There are quite a few offerings to meet the needs of a variety of business models and industries. This articleprovides a brief description of each QuickBooks version highlighting...