Liquidation basis may be in play for certain Investment Companies. Find out what you need to know about ASC 205-30 in our latest blog. Read More ...
New PCAOB Inspection Reports are Here!
Feb 09, 2021On February 2, the PCAOB released 2019 inspection reports for 12 firms (all at once)! In this blog post, we summarize the findings of the PCAOB. Read More ...
Why are specialists so special? Using the Work of Audit Specialists
Feb 02, 2021The PCAOB standards for the use of specialists in an audit have changed! This post explores the auditor’s requirements for when specialists are used. Read More ...
Free, CPE-Eligible Webinars for Accounting Firms
Jan 12, 2021Join GAAP Dynamics for a series of free, CPE-eligible webinars discussing the accounting, auditing, and practice issues impacting accounting firms. Read More ...
Help is Here! Auditing Accounting Estimates under AS 2501 (Revised)
Dec 22, 2020This post discusses the changes resulting from AS 2501 (Revised) Auditing Accounting Estimates, Including Fair Value Measurements and reminders from the PCAOB. Read More ...
Lights! CAMera! Action!
Nov 24, 2020It is nearly “curtain-up” for the next phase-in of changes to the auditor’s report for certain SEC filers! Are you ready for Critical Audit Matters? Read More ...
Hey! You! Get (on to) my cloud!
Oct 27, 2020The demand for timely information requires companies to migrate data and processes to cloud-based solutions. Let’s review the guidance in this area! Read More ...
What to include in your 2020 Audit and Accounting Update CPE Training?
Oct 06, 2020Are you wondering what should be included in your 2020 audit and accounting update CPE training event? Let’s break it down. Read More ...