Topic
Audits
357 published works
Nonprofit Law Prof Blog
IRS Exempt Organizations FY2020 Accomplishments and Compliance Initiatives
The IRS Tax-Exempt and Government Entities Division recently released its list of Fiscal Year 2020 Accomplishments. The list included the following items for Exempt Organizations:Examining 3,240 returns, including but not…
The CPA Desk
Three Tips for a Smooth Audit
By PKF Texas
https://youtu.be/FUS-Dc-SG14 Jen: This is The PKF Texas - Entrepreneur’s Playbook®. I'm Jen Lemanski, and I'm back again with Nicole Riley, a Director on our audit team and one of the…
Washington Energy Report
FERC Rejects NERC’s Proposal to Replace Its Audit Process and Directs NERC to Conduct Audits of Regional Entities; Proposes that NERC Submit 3-year Performance Assessments
On January 19, 2021 FERC issued an order on the North American Electric Reliability Corporation’s (“NERC”) compliance filings submitted pursuant to the Commission’s January 2020 order on NERC’s five-year performance…
Milikowsky Tax Law Blog
CPA vs Tax Attorney: What’s the difference?
In some cases, it may be difficult to distinguish what your CPA is capable of helping you with and which tasks are better suited for a tax attorney. Both are…
IPO, Then What?
New law aimed at US-listed Chinese companies may impact other public companies with Chinese operations
By John Hancock
Law intended to force China to permit PCAOB inspection of accounting offices located in China Clients of audit firms not adequately inspected may have to document ownership or control by…
Free Writings + Perspectives
U.S. House of Representatives Passes Bill Requiring Delisting of Covered Issuers for Continued Failure to Allow PCAOB Inspection
By Gonzalo Go
On December 2, 2020, the U.S. House of Representatives (“House”) passed the Holding Foreign Companies Accountable Act, Senate Bill No. 945 (the “bill”). A copy of the bill may be…
Global Regulation Tomorrow
Commission Interpretative Communication on the preparation, audit and publication of the financial statements included in the annual financial reports drawn-up in accordance with Commission Delegated Regulation (EU) 2019/815 on the ESEF
On 6 November 2020, the European Commission published an Interpretative Communication on the preparation, audit and publication of the financial statements included in the annual financial reports drawn-up in accordance…
Milikowsky Tax Law Blog
How to Prepare for an EDD Misclassification Audit
As a business owner the best way to prepare for, or avoid entirely, an audit from the Employment Development Department (EDD), is to make sure that you’re correctly classifying your…
Global Regulation Tomorrow
PRA Dear CFO letter – Thematic feedback from the 2019/2020 round of written auditor reporting
On 2 October 2020, the PRA published a Dear CFO letter (dated 30 September 2020) providing thematic feedback to both firms and auditors from a review of written auditor reports…
Milikowsky Tax Law Blog
Navigating an EDD Audit: What to Expect
If you have been contacted by California EDD, you don’t have to go through the CA EDD Audit process alone. Dealing with EDD can be time-consuming, stressful, and expensive (if…