by controllers | Feb 8, 2021 | Audit
Internal controls reporting represents significant work, significant risk, and a significant challenge for corporate finance professionals. A core portion of the job responsibility for controllers and those throughout the department, many leaders find themselves...
by controllers | Feb 6, 2021 | Audit
The audit process is rarely something that you or your team considers fun. No one looks at the thought of an audit—opening your books to people who you don’t know, letting them poke and prod through your documents, and waiting for answers—and thinks to themselves,...
by controllers | Jan 25, 2021 | Audit, Technology
With auditors increasingly worried about reputation damage from taking on a high-risk client, some companies are facing a no-win situation in their future. This according to the Financial Times creates a circular problem—high-risk companies are having trouble finding...
by controllers | Jan 15, 2021 | Audit
The last year has likely put a strain on your business. Financially, strategically, and more, controllers across the US have looked for ways to cut down on costs to keep the business afloat. One way that companies may look to save a few dollars is by opting for a...
by controllers | Aug 26, 2020 | Audit
Just because state and local governments have shut down your business doesn’t mean that you can take a break on assurance. Auditors have stepped up their skills and have worked hard to improve the audit process, and a recent initiative by the Center for Audit Quality...
by controllers | Jul 31, 2020 | Audit, Legislation
Hailed as one of the biggest changes to accounting in decades (or at least since ASC 606), The Lease Accounting Standard, also known as ASC 842 was a marked change in the way that leases are reported. According to a recent report from LeaseQuery and Encoursa, the move...