Audit & Accounting

Audit fees expected to rise this year

By Michael Cohn       3 min read

Clients anticipate that audit fees will increase in 2021 due to the impact of inflation, COVID-19, acquisitions and divestitures, according to a survey by Gartner. Read story →

Big Four’s share of public co. audits dips

By Daniel Hood      

The top 10 firms grew their share of the SEC audit market slightly, but the increase didn’t go to the biggest firms. Read story →

AICPA offers audit guidance on use of specialists and pricing info

By Michael Cohn       3 min read

The institute's Auditing Standards Board amended its standards Tuesday to include guidance in two areas. Read story →

GASB offers guidance on implementing leases, and more

By Michael Cohn       7 min read

The board released updated implementation guidance for its leases standard, along with other accounting standards for state and local governments. Read story →

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IRS mailing millions of letters about Child Tax Credits

By Michael Cohn       4 min read

The Internal Revenue Service is sending letters to over 36 million families about how they may be able to qualify for monthly Child Tax Credit payments, beginning in July. Read story →

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