Overcoming Remote Audit Challenges

Overcoming Remote Audit Challenges

The continuous advances in technology have shifted many careers into remote work, a trend accelerated by the COVID-19 pandemic. Working remotely has led to challenges that can impact the effectiveness and efficiency of the audit process. Understanding these...
My Experience as a Post-Pandemic Auditor

My Experience as a Post-Pandemic Auditor

The effects of the COVID-19 pandemic are seen across all industries, and the field of auditing is no different. Before the pandemic, auditors were known to be out in the field working at clients’ offices every day during busy season. Audit teams would spend most days...
Does Your 401(K) Plan Still Need To Be Audited?

Does Your 401(K) Plan Still Need To Be Audited?

Around this time of year, CFOs and HR professionals often ask me, “Does my 401(k) plan need an audit?” Due to recent changes made by the Department of Labor for the 2023 plan year, many will be very happy to hear that they can avoid an audit for a few more years....
New Year, New Auditing Standards

New Year, New Auditing Standards

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...