Nobody likes a surprise letter from the IRS. But for financial advisors with clients who get audited, the unpleasantness presents an opportunity. Processing Content By getting up to speed on how the ...
Fraud can occur within any organization regardless of size or sophistication, even when internal controls seem effective. Despite this harsh reality, many audit clients and auditors are caught off ...
As IRS budgets and audit staff continue to diminish, audit numbers are at an all-time low. But when you file your clients’ returns, the most common question persists: “How likely am I to be audited?” ...
Few words strike as much fear into people’s hearts as “IRS audit.” How can you nursemaid clients through the terror of an audit notice? “Clients need hand ...
The Public Company Accounting Oversight Board on Thursday approved a tightening of requirements around how audit firms obtain and verify outside evidence on their ...
PwC Australia has initiated a global pilot programme that will see its clients transition to a $1bn (A$1.53bn) AI-native audit platform. The platform is designed to streamline the audit process, ...