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March 16, 2017

Service organization reports – Part 3 (SOC 3)

This is the last of a series on Service Organization Reports – SOC 1, 2 and 3. The related Knowledge-Based Examinations of Service Organizations is one of Wolters Kluwer’s newest CCH ProSystem fx Knowledge Coach titles. Part 1 of this series focused on SOC 1, and Part 2 focused on SOC 2. Part 3 will focus on SOC 3. Knowledge Coach […]

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March 15, 2017

Service organization reports – Part 2 (SOC 2)

This is Part-2 of a 3-part blog focused on Service Organization Reports –  SOC 1, 2 and 3, one of Wolters Kluwer’s newest CCH ProSystem fx Knowledge Coach titles. This edition’s focus is on SOC 2, while Part 1 focused on SOC 1. Check back tomorrow for information about SOC 3. Knowledge Coach is an integral part […]

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March 14, 2017

Service organization reports – Part 1

This 3-part blog’s focus is on Service Organization Reports – SOC 1, 2 and 3, one of Wolters Kluwer’s newest CCH ProSystem fx Knowledge Coach titles. Knowledge Coach is an integral part of the integrated audit approach, which also includes CCH ProSystem fx Engagement and CCH Accounting Research Manager. Check back tomorrow for part 2. […]

The post Service organization reports – Part 1 appeared first on Tax & Accounting Blog.

March 6, 2017

Less complex audits perfected

Less complex audits is today’s topic. To start, if you think CCH ProSystem fx Knowledge Coach is overkill for less complex audits think again. That rumor is simply fake news. Actually, Knowledge Coach excels at delivering high quality audits, regardless of complexity, and does it better than its major competitor! Nonscalable vs. scalable That competitor is PPC. They […]

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February 6, 2017

Audit Programs – It’s all in the ingredients

Is your audit program “just good enough” could it be “better”? Some fall down a rabbit hole when evaluating audit programs by focusing on little things simply due to the unknown. Focusing too much of your analysis on how much time it will take to re-create your audit programs is an example. Accounting firms looking […]

The post Audit Programs – It’s all in the ingredients appeared first on Tax & Accounting Blog.

January 18, 2017

Improving Audit Quality: Mistakes to Avoid

Improving audit quality has been in the news lately, and many firms are looking for ways to get ahead of this important issue. A recent whitepaper featuring Withum’s Jim Bourke outlines 6 Habits of Highly Effective Auditors. In it, the authors discuss best practices for improving audit quality as well as how technology can help. Before […]

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