The AICPA Insights Live webcast series covers hot topics important to AICPA members and the CPA profession. Experts and thought leaders will tackle an issue with broad appeal, providing commentary and practical guidance. This series is a component of the award-winning AICPA Insights blog and is one more way the AICPA is bringing members and the profession the most up to date information wherever they serve.
No matter what you might have heard about the risks and long-term value of bitcoin, chances are good that your clients and employers will want to know more about how the adoption and use of digital currencies as a means of commerce may affect the way they do business.
Although bitcoin is still very much in its infancy, its impact should not be underestimated or ignored just because it is new and somewhat mysterious. Described by bitcoin.org as “a consensus network that enables a new payment system and a completely digital money,” bitcoin is not the only digital currency in today’s market. In fact, according to Coinmarketcap.com, there are 303 digital currencies in at least 637 markets, with trendy names such as “Litecoin,” and “Darkcoin.”
Continue reading "Bitcoin: Mystery Currency or Real Money?" »
The AICPA Technical Hotline provides non-authoritative advice to members on matters of accounting and financial reporting, audit, attest, compilation and review service standards. This podcast, the AICPA Insights Live webcast on Nov. 22, addresses some of the more commonly asked questions over the past year in the areas of audit, attest, compilation and review engagements. Highlights include the new clarified audit standards, verification requests, supplementary information and Service Organization Controls reporting. (Email subscribers can listen to the podcast on our website).
Hot Topics and FAQs from the A&A Technical Hotline
Continue reading "Hot Topics and FAQs from the A&A Technical Hotline" »
In our last live blog from the 2013 AICPA Insights Live webcast series, Jim Metzler, CPA, AICPA Vice President - Small Firm Interests, Public Practice and Global Alliances, discusses the trends affecting CPAs, the challenges and opportunities practitioners face, as well as best practices being used at successful firms across the country. (Email subscribers: Read the live blog on our website.) Don't forget to register for the last AICPA Insights Live webcast, Worst IT Practices CPAs Can Advise Businesses to Avoid, 1 to 2 p.m. ET on Dec. 20.
Continue reading "Latest Trends Affecting CPAs" »
The following podcast is from the AICPA Insights Live webcast series and covers 10 things one should know about internal controls as presented by Findley Gillespie and Steven Gin of Moss Adams. The list includes:
- Why a Training on Risk and Controls?
- Assessing the State of Controls at Your Organization
- Controls Maturity across the Three COSO Objectives
- Entity-Level Controls
- Information Technology Controls
- Segregation of Duties Controls
- Fraud Prevention Controls
- Documenting Policies and Procedures
- Responding to Deficiencies
- Recognizing Common Deficiencies
10 Things You Should Know About Internal Controls
Continue reading "10 Things You Should Know About Internal Controls" »
I am live blogging from today's AICPA Insights Live webcast, Voices of Fraud: Learning from the Perpetrator. This webcast is part of a new fraud series entitled "Voices of Fraud" and will focus on real world stories from experienced fraudsters. By analyzing the fact pattern that allowed the fraud to occur, we'll learn how to detect fraud within an organization. The webcast also focuses on methods to help prevent opportunities for fraud to occur in the future. (Email subscribers can read the live blog on our website.) Be sure to explore the other webcasts in the AICPA Insights Live series.
Continue reading "Real World Stories from Experienced Fraudsters" »