In 2014, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) issued new standards for the recognition of revenue in contracts with clients. Globally, IFRS is the IFR standard.
Read MoreIn systems auditing, interviews are a fundamental tool for carrying out the work, which aims to collect information about internal controls and the assessment of risk hypotheses.
Read MoreWith so many changes taking place due to technological advancement, the accounting business is evolving to meet the demands of a new culture at a fast pace.
Read MoreThere are countless benefits found in hiring an accounting firm, which they guarantee are not the bureaucratic routine.
Read MoreFor any business to be a success, there are certain growth strategies that cannot be implemented without proper accounting and financial planning.
Read MoreYou can get advice from an accounting firm well before buying a business.
Read MoreBusiness sectors are constantly changing and if you are an accounting professional or are preparing to start a career in the field, you may be fearful of major technological innovations.
Read MoreThe compliance area is not a sub-area of internal auditing. Pejorative tones are often attributed by those who are technically unaware of the function and purpose of each of these areas.
Read MoreBefore getting into the topic of risk management, it should be remembered that any and all business activities necessarily involve risks.
Read MoreAn increasing number of companies are using professional internal auditing outsourcing firms to fill any gaps and meet their internal auditing needs.
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