There is even greater significance for the integrity of the audit process; if the audit team’s view is that detecting fraud is not really an auditor’s job, then compliance with the requirements of ...

The Value of Business Data Analytics Michael Parrinello, CPA, is a partner at the Bonadio Group, a mid-sized accounting firm with offices in New York, Texas, and Vermont that was named among the Top ...

Prohibition on Contingent Fees Aside from the question of Circular 230’s scope, perhaps the most hotly contested and litigated issue addressed in the proposed regulations is Circular 230’s general ...

Why Diversity Matters The importance of diversity in the workplace cannot be overstated. There is much research showing that diverse and inclusive workplaces lead to better decision-making, increased ...

The recent U.S. inflation measures show that high prices have not departed yet—and they continue to fuel an affordability ...

In Brief Over the years, numerous studies have revealed racial disparities in hiring practices, specifically detailing the ...

Audit and tax firms have long understood that the traditional services for which they are being engaged (e.g., conducting an ...

While the audit process generally has an overwhelming connotation, there are several steps that a not-for-profit (NFP) organization can take to make the ...

Most organizations have become aware of the data revolution that is occurring and the continual pressure to become more data driven. Few, however, have learned how to manage their data as an asset so ...

What Is Succession Planning? Succession planning is the process of developing a written plan for an occasion when an owner decides, or is forced, to step down from an ownership and leadership role in ...

“Our Greatest Hits” is an effort to show our readers the most popular – and still avidly read – articles from our archives. This article originally appeared in our June 1991 Issue. Abstract – The ...