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The serious new pressures facing governments of all sizes are changing their financial reporting, says GASB Chair Joel Black.
May 11
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Internal auditors are facing a heightened risk of fraud at organizations as schemes change and internal controls weaken over time, according to a new report.
May 11
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The idea of semi-annual reporting is a guaranteed self-inflicted disaster, like using a knife while gripping the blade instead of the handle, writes Paul Miller.
May 11
University of Colorado and Colorado Springs -
Top 10 Firm Grant Thornton announced the launch of gtap, a proprietary audit infrastructure intended to redefine how the firm performs audits.
May 11
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When a CPA signs off on a work product that an AI system helped produce, what is the independent verification standard that certifies the system producing that work is actually reliable? There isn't one.
May 11
The Human Choice Company LLC -
The Governmental Accounting Standards Board added several items to its research agenda, but decided against adding a project on cybersecurity disclosures.
May 8
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The majority of employees don't use all the paid time off available to them, so many companies are steadily accumulating a huge line item on their balance sheets.
May 8
PTO Exchange -
The U.S. Bureau of Labor Statistics report surpassed economists' expectations, as the unemployment rate remained unchanged at 4.3%.
May 8
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Plus, Suralink introduces Workpaper Suite Intelligence; Xero announces Xero Coaches; and other news and updates from the accounting tech world.
May 8
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Officials discussed the SEC's proposal for a semi-annual reporting option along with new accounting standards at a Baruch College conference.
May 7
