Tuesday Sept 5, 2017
I have numerous links on this site to the websites of accounting firms. Those sites can provide valuable insight and more depth than any textbook. By the time the textbook reaches us, it is probably at least a year old or older. And things are happening at a far more rapid pace than that.
CPAs have an exclusive ability to issue audits, reviews, compilations, and agree upon procedures.
Even if you are just beginning your intermediate accounting studies, it is not to soon to learn about auditing.
I went to the PwC site and entered audit in the search box. Look at all the articles listed for free there. Click on PwC for the complete list.
I did the same for Ernst and Young. I learned that EY is advancing its digital capabilities. Now EY has been investigating the use of drones to improve inventory counts.
I mean who knew?
KPMG is sponsoring Lady Pro Golfer Stacy Lewis as their brand ambassador. Stacy was raised and lives in Houston. She and KPMG are making a $390,000 donation for Disaster Relief in the wake of Harvey.
The PCAOB has issued a new audit standard report and the firm's take can be read here.