Auditing WIP Today

Auditing WIP Today

External auditors spend a lot of time during fieldwork evaluating how businesses report work in progress (WIP) inventory. Here’s why this warrants special attention and how auditors evaluate whether WIP estimates seem reasonable. Valuing WIP Companies may report...
Ensure Transparency When Using Non-GAAP Metrics

Ensure Transparency When Using Non-GAAP Metrics

At Financial Executives International’s Corporate Financial Reporting Insights Conference last November, staff from the Securities and Exchange Commission (SEC) expressed concerns related to the use of financial metrics that don’t conform to U.S. Generally Accepted...

Important QuickBooks Desktop Information

  Intuit announced that after July 31, 2024, they will no longer sell the following products to new subscribers: QuickBooks Desktop Pro Plus QuickBooks Desktop Premier Plus QuickBooks Desktop Mac Plus QuickBooks Desktop Enhanced Payroll QuickBooks Desktop...