News

Dress rehearsals are critical in the theater world, a time for actors and crew to make sure everything will run smoothly on opening night. The same might be said of audits, which are costly, both in time and money. In some cases, CPA firms provide...

Thousands of nonprofits and governments receiving federal funds will soon see an easing in audit requirements, thanks to new Office of Management and Budget rules. For those with a tax year ending Dec. 31, 2015, or after, the new single audit...

Executives and boards of directors rate regulatory changes and heightened regulatory scrutiny as the highest risk faced by their organizations for the third consecutive year in the annual risk survey conducted by North Carolina State University and...

Internal auditors and other audit professionals place concerns about data security among their top priorities, according to Protiviti’s 2015 Internal Audit Capabilities and Needs Survey. With organizations becoming increasingly vulnerable...

The Financial Accounting Standards Board embarked on a project in November 2011 to review the standards for financial reporting of not-for-profit entities and determine ways to promote best practices for other means of financial communications used...