A Deloitte survey of financial executives, financial statement users and audit committee members found that an overwhelming majority — 84%, 70% and 76% respectively — of these people, "believe auditors should use advanced technologies more extensively in performing an audit." Apparently, 21st century auditing is still a few years off. [WSJ]
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The listmasters at INSIDE Public Accounting have released their mildly anticipated 2023 IPA Practice Management Report and should you want specifics on how the 600 firms that participated are doing, you can purchase the full report from IPA at the link above. We’re cheap and lazy so here are the key highlights from this year’s […]
Email: The word itself sounds innocent, doesn’t it? Kind of like “snail mail,” but faster, sleeker, and without the slimy trail. But don’t be fooled—email is secretly a sinister beast, hiding in the shadows as it plots to destroy businesses—including your accounting firm. If your accounting firm still relies heavily on email for client communication […]