A&A news from around the web: Feb. 19 – 23, 2018

Written on Feb 20, 2018

What does the right leadership and corporate governance look like at smaller firms?
Why do so many smaller CPA firms eventually merge up? While there are many reasons, one reason for sure is that many smaller firms can’t capitalize on the opportunities that may be in front of them because their leadership and corporate governance aren’t properly aligned.

Auditor independence rule isn’t tough enough
In accounting, the term “familiarity threat” refers to the threat to auditor independence that arises when a CFO or other top executive of a company being audited was formerly employed by the accounting firm conducting the audit.

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