Make note of what your firm is doing right – and wrong – through this crisis. The vertical coronavirus pandemic → | By Danielle Lee, Ranica Arrowsmith, Sean McCabe 11 min read | Accountants share unique problems faced by four different industries. | |
Auditors and CAQ change plans in response to coronavirus → | By Michael Cohn 8 min read | The auditing profession is responding to the novel coronavirus pandemic by adjusting how it conducts audits, and that’s evident in the Center for Audit Quality, whose CEO, Julie Bell Lindsay, took over the leadership job when the priorities for the profession and the CAQ looked far different. | |
What type of firm are you? → | By John P. Napolitano 7 min read | Difficult times hold up a mirror to your practice. What will you see? | | ACI — May 2020: Another major drop → | By Daniel Hood | As the coronavirus pandemic took hold over the past month, accountants' confidence in the economy dropped even further. | | Tax Fraud Blotter: Artful dodger → | By Jeff Stimpson 4 min read | Red-handed; marina fees and airline tickets; similar patterns; and other highlights of recent tax cases. | | Wirecard says KPMG could not review all data for audit → | By Sarah Syed and Eyk Henning 2 min read | An independent audit into Wirecard AG concluded that it was unable to obtain the data needed to confirm past revenues, and criticized the payment processor for internal “shortcomings” and unwillingness by its third-party partners to contribute to the report. | | |