Posts about 'Accounting Blog for BusinessAudit and Compliance'

Time-Tested Ways to Survive the Busy Tax Season with Your Team

Posted by Janis Narvas

Jan 1, 2019 10:00:00 AM

Audit and accounting professionals are familiar with the long hours and increased stress in the busy tax season. However, there’s no need to feel panicked or stressed about the busy tax season as long as your team adequately prepares for it.

Financial Audit in the Digital Age: Things You Should Keep in Mind

Posted by Cedric Joshua Martinez

Dec 28, 2018 10:00:00 AM

Businesses are digitalizing fast. Even print media, book publishers, and postal services are digitalizing both their products and processes rapidly. With the advent of artificial intelligence, it is expected that more companies will transfer nearly all of their processes to a digital platform. For their part, auditors have also developed audit methods that fit their client’s digital processes, the latest example of which is the introduction of artificial intelligence in audit.

Outsourcing Audit Solutions: Why You Should or Should Not Do It

Posted by Cedric Joshua Martinez

Oct 11, 2018 10:00:00 AM

As the number of companies grows, firms offering services necessary to their growth also prosper. Such is the case for audit firms. The small-medium enterprise (SME) boom is still gaining traction and this market is perfect for audit solutions firms. As this trend grows, audit firms face the looming threat of the shortage of capable talents to work on their client’s accounts.

Audit Survival: Habits to Help You Survive the Audit Busy Season

Posted by Cedric Joshua Martinez

Aug 24, 2018 10:00:00 AM

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.

3 Tips on How to Prepare for Your First External Audit

Posted by Janis Narvas

Jul 25, 2018 10:00:00 AM

If your organization is going through its first external audit this year, chances are, you are apprehensive of it. For some people, even thinking about the external audit requirements can cause panic and anxiety. Of course, there’s no need to feel panicked or stressed about an audit – that is, if you as an organization prepare for it.

How Internal Audit Can Help with Your Firm's Cybersecurity

Posted by Janis Narvas

Jul 24, 2018 10:00:00 AM

In 2017, various companies from different industries across the globe had been attacked by the ransomware called WannaCry. With an estimated 200,000 computers infected in more than 150 countries, many firms around the world discovered that cybersecurity is as much of a business risk as it is a security one.

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