Thomson Tax & Accounting has released "PPC's Guide to Audits of Nonpublic Companies," which helps integrate the requirements of the newly released risk assessment standards that go into effect for financial statement audits beginning on or after Dec. 15, 2006. The new tome fuses two existing products -- "PPC's Guide to Audits of Small Businesses" and "PPC's Guide to Risk-Based Audits" - into a single guide for all nonpublic, non-industry-specific audit engagements. The manual includes checklists, forms and audit programs to help firms transition their audit approach to reflect the new standards. The guide is available in a variety of formats including TTA's proprietary Checkpoint platform. The risk-assessment guide also contains in-depth coverage of new requirements for communicating internal control deficiencies under SAS No. 112 and communicating with those charged with governance under SAS No. 114.
-
Making use of refunds; playing defense; how to use thin air; and other highlights of recent tax cases.
2h ago -
New FICPA chair begins tenure; Blue & Co. opens new office in Chattanooga; and more news from across the profession.
10h ago -
House Republicans passed the wide-ranging Trump tax legislation dubbed the One Big Beautiful Bill Act, overcoming resistance from a group of GOP holdouts and united opposition from Democrats.
10h ago -
Plus, FileAI announces V2 platform launch; Foxit launches PDF and Document Workflow APIs; and other accounting tech updates.
11h ago -
The American Institute of CPAs' Auditing Standards Board is looking for feedback on a proposed standard updating auditors' responsibilities related to fraud.
July 3 -
The jobs report beat expectations, while the unemployment rate dipped one-tenth of a percentage point to 4.1%.
July 3