A&A news from around the web: April 2- 6, 2018

Written on Apr 05, 2018

Audit independence and consulting: Where is the line?
For public accounting firms, there is a clear independence line between auditing the financial statements of a business and also handling the accounting. However, as the variety of consulting services offered by CPA firms and the associated fees grow, the waters of independence can become muddy.

Lease accounting: What’s the holdup?
With about nine months to go before the new lease accounting standard for publicly-traded companies must be adopted, only about one-fifth of finance leaders surveyed by the Deloitte Center for Controllership say they are “prepared” or “very prepared” to comply with it.

Leave a comment