This post discusses auditing accounting estimates in accordance with AS 2501 (Revised) and reminders from the PCAOB.
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The PCAOB auditor’s report is undergoing a much-needed facelift, providing investors more information. This post summarizes the changes.
The going concern guidance has been revised to address management responsibilities and what to disclose if substantial doubt exists.
Don’t guess which financial statement areas the inspectors will review! This post gives you a top 5 “hit list” per review of PCAOB inspection reports!
Are you doing enough to audit related party transactions? This post explores the requirements set out in AS 2410.
PCAOB inspection reports show auditors continue to struggle with independence. This post highlights the most pervasive issue noted by inspectors.
A career in public accounting is not easy, but worth it. Here's some helpful tips on how to succeed in public accounting with the Big 4.
Call a time out and refresh your knowledge of the new requirements when auditing broker-dealers under PCAOB standards.
This blog shares our insights and conversations about accounting, auditing, and training matters. It is hosted by GAAP Dynamics
