The European Central Bank has kept monetary policy unchanged, and President Mario Draghi says solid growth is expected for the eurozone economy. The eurozone faces challenges from protectionism, Draghi says, but the ECB is confident it can taper stimulus.
"It is a safe assumption that every profession will change dramatically the deeper we go into the 21st century," writes IIA President and CEO Richard Chambers. "For the internal audit profession, I believe the next 20 years will offer a great opportunity for transformation that will bring us closer to becoming indispensable to effective risk, control, and governance."
New Financial Accounting Standards Board rules have ushered in a number of changes to not-for-profit accounting. This quiz tests your knowledge in this specialized area.
You've heard a lot about data analytics. But do you know how to use them to automate parts of your audit? From journal-entry testing to inventory counts, a new AICPA mapping guide shows you how data-analytic products on the market align with general audit procedures.
The Public Company Accounting Oversight Board is gathering information through a public survey as it develops a five-year strategic plan. The board is asking for feedback on how it can enhance its relevance to capital markets.
Despite stock market volatility, the AICPA's Personal Financial Satisfaction Index reached a record high in the first quarter. Q1 was the first time the Tax Cuts and Jobs Act was reflected in the PFSi.
Federal courts have split recently on whether to grant the Internal Revenue Service injunctions to "obey the law," requiring taxpayers to comply with employment tax obligations.
Don't put off delegating tasks because you're concerned you could do the job better or you're worried your team is too busy. Acknowledge that you can't do everything yourself, and recognize that delegation creates opportunities for growth.
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