February 2017 The Future of Auditing A Roundtable Discussion Scott Marcello, Thomas Ray, Doug Carmichael, Jim Peterson, Sridhar Ramamoorti, Salvatore Collemi, and Bruce Nearon In Brief Technology has transformed the way that businesses operate. The auditing profession is no exception. The SEC’s recently released statistics for fiscal year 2016 showed that it filed 868 enforcement […]
Amanda Wilkie – Smart Contracts: What Lies Ahead for Blockchain – March 30, 2017 Audio Webcast
/in Blog/by CherylWeb Events Smart Contracts: What Lies Ahead for Blockchain Please click here to sign up for this event Speakers: Amanda Wilkie Audio Webcast Blockchain, once synonymous with Bitcoin, has drawn billions of dollars in investments the past few years. As a result, new and transformative uses of the technology are quickly emerging in our industry. […]
Voices Art of Accounting: Top 12 Tax Season Time Savers | Accounting Today
/in Blog, Members in the News, News/by CherylBy Edward Mendlowitz Published March 06 2017 Here are some ways to save you and your tax practice some headaches this season. 1. I know you are busy getting corporate returns completed, but you should give priority to 1120S and 1065 returns where K-1s will be going to people that you do not prepare 1040s […]
International Women’s Day: Celebrating the Progress of Women Leaders in the Workplace
/in Blog/by CherylNicole Isaac March 6, 2017 Gender inequality in the workplace remains prominent, but there has been progress made in hiring women into leadership roles, according to LinkedIn data. On March 8th, LinkedIn will join the world in celebrating International Women’s Day. We are committed to creating a more gender-inclusive world, and believe that data […]
Not Just Crunching Numbers | NJBIZ
/in Blog/by CherylCPA firms are adding to their fields of expertise in order to take advantage of new opportunities By Brett Johnson, February 27, 2017 at 3:00 AM Ralph Thomas, CEO and executive director, New Jersey Society of CPAs – (PHOTOS BY AARON HOUSTON) New Jersey Society of CPAs CEO Ralph Thomas has seen accounting firms […]
New Staffing Strategies for the Next-Generation Accounting Firm | CPA Trendlines
/in Blog/by CherylAttract and retain talent by understanding this paradigm shift. By Hitendra Patil Accountaneur Topmost thought leader Ronald J. Baker said, “The World Bank reports that 80 percent of the developed world’s wealth resides in human capital, illustrating that we’ve been in a knowledge economy since the 1950s. Yet most accounting firms are utilizing a business […]
NJ CPA Magazine – Salvatore Collemi – Nine Strategies To Increase Audit Quality
/in Blog/by CherylIn today’s challenging economic environment, external auditors — from sole proprietors to the largest international CPA firms — are under a microscope to ensure they are achieving high-quality auditing of financial reporting. CPA firms have recently been in the crossfire of negative results reported by standard setters and regulatory agencies. So how can you ensure […]
Art of Accounting: Withum Dress Code
/in Members in the News, News/by CherylBy Edward Mendlowitz February 27 2017 WithumSmith+Brown, PC has rolled out a “Dress for Your Day” policy with a manual illustrating the different ways staff can dress depending upon what they are doing that day. The 12-page manual shows 10 staffers in various poses and pretty much elevates comfort over a traditional look. Withum is […]
AICPA Changes Going Concern Audit Standard | Accounting Today
/in Blog/by CherylBy Michael Cohn Published February 22 2017 The American Institute of CPAs’ Auditing Standards Board has revised its standard for going concern opinions. The new standard, Statement on Auditing Standards No. 132, The Auditor’s Consideration of an Entity’s Ability to Continue as a Going Concern (AICPA, Professional Standards, AU-C sec. 570), supersedes SAS No. 126 […]
Barry Melancon: CPA Firms Will Be Unrecognizable In 5-10 Years | Accounting Today
/in Blog, Members in the News, News/by CherylBy Daniel Hood February 13 2017 The number of changes facing the accounting profession will leave most practices radically altered in the near future, according to Barry Melancon, the president and CEO of the American Institute of CPAs. Speaking at a gathering of technology vendors hosted by CPA.com and the institute, Melancon told attendees, “We […]
Salvatore Collemi – The Future of Auditing | CPA Journal
/in Members in the News, News/by CherylFebruary 2017 The Future of Auditing A Roundtable Discussion Scott Marcello, Thomas Ray, Doug Carmichael, Jim Peterson, Sridhar Ramamoorti, Salvatore Collemi, and Bruce Nearon In Brief Technology has transformed the way that businesses operate. The auditing profession is no exception. The SEC’s recently released statistics for fiscal year 2016 showed that it filed 868 enforcement […]