Auditing has been an ever-changing discipline since its birth over 100 years ago, but how much have the challenges auditors face really evolved over the…
When Reckless Executives Become Dangerous Fraudsters: Reward Structures and Auditing Procedures Need to Be Reformed to Deter ‘Dark Triad’ Personalities
2016 Max Block Award Winner: Outstanding Article in the Area of News & Views/Opinion
At its foundations, auditing is about verifying the assertions that find expression through the numbers presented in the financial statements, performed by well-qualified, competent, and…
FASB’s Proposal to Change the Definition of Materiality: The Unexpected Uproar
2016 Max Block Award Winner: Outstanding Article in the Area of Departments/Columns
In September 2015, FASB issued two proposed documents that, if adopted, could change the way the concept of materiality is assessed and applied regarding information…
Tax and Financial Retirement Strategies
2016 Max Block Award Honorable Mention in the Area of In Focus/Feature
In Brief With the Baby Boom generation facing retirement, America may soon witness the largest wealth transfer from one generation to another in its history.…
Recruiting and Retaining Talent: One Firm’s Story
2016 Max Block Award Honorable Mention in the Area of News & Views/Opinion
Whenever I talk to another CPA firm—big, small, or anywhere in between—about the biggest challenges facing their firm, they almost always say recruiting and retaining…
TPP | Filing Amended and Current Returns in Cases of Past Noncompliance: How Not to Make Matters Worse
2016 Max Block Award Honorable Mention in the Area of Departments/Columns
When a CPA discovers a taxpayer's past noncompliance, there are both ethical and practical questions to answer. The last thing a CPA should want to…