Accounting Blog for Business

Providing audit services is a great task, especially in the midst of the busy audit season. As the battle for talents gets tougher in the industry, some companies are finding new ways on how they can deliver quality audit solutions .

Visit us at the must-attend accounting CPA in Canada this year! Our team is going to the ONE National Conference in Halifax, Canada from October 1 to 2, 2018. Come say hi at Booth 33 and learn about outsourced finance and accounting solutions that you need to drive your business forward.

The audit season is coming in fast. Your audit managers are now setting up their plans to prepare the entire firm for the days ahead. As an audit professional, it is also part of your job to make your own preparations. Here are some things you should include in your to-do list to help you succeed in the audit busy season.

Since Donald Trump assumed the Presidency of the United States in 2017, many were troubled that the outsourcing industry will take a huge hit. The “America First” policy has placed restrictions in companies that seek to gather talent resources from countries other than the United States. On the other side of the Atlantic, the EU’s GDPR rollout has made it more difficult for outsourcing firms to process and/or manage data from EU citizens.

The Philippines is among the fastest growing economies in the world. Businesses are coming in fast to take advantage of the favorable business climate, the young workforce, and the modernizing technology and infrastructure.

Addressing the challenges faced by audit firms in the Tri-State Area can be a grueling task if you do not have a comprehensive view of the problem at hand. This week, we look at several audit  and accounting practice problems and our recommendations on how you can overcome them.