article thumbnail

Are Your Compliance Processes Keeping Up with Evolving Audit Requirements?

Bramasol

Key responsibilities of the PCAOB include: Setting Standards: The PCAOB establishes and enforces auditing, attestation, quality control, and ethics standards for registered public accounting firms. Why Should You Care?

article thumbnail

KPMG, PwC, EY To Put $9B Toward AI, Data Tech

PYMNTS

The largest accounting firms – EY, Deloitte, KPMG and PwC – are investing billions of dollars in artificial intelligence (AI) and data technology products to change the industry in new ways, according to a report by Bloomberg Tax. They need to be on top of technology and train staff to use it.”.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Fund Accounting for Nonprofits & Charities

The Charity CFO

If you’re looking for info on fund accounting in government here is a great resource for you. Both Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB) 116/117 require at least a minimum level of fund reporting, so you’ll need it in order to pass an audit.

article thumbnail

The Complete Guide to Nonprofit Accounting Careers

The Charity CFO

For accountants, this means the profit-generating strategies and investment ideas you bring to the table are still applicable and can make a massive impact. The IRS report only pays attention to tangible monetary value which means things like in-kind services or unrealized gains/losses on investments are excluded.

article thumbnail

Best Practices from the CFO Suite

BlueLight

As a growth stage startup, the question is how to achieve profitability while continuing to invest in growth.” One is accounting: you need this done properly to inform the next two. Accounting ?—?Nearly Example accounting firms include Attivo Partners and Keating Consulting. It evolves with stage.

CFO 52