Audit Board

AUGUST 16, 2023

Effective risk management takes a proactive and preventative stance to risk, aiming to identify and then determine the appropriate response to the business and facilitate better decision-making. What Are Risks? Nevertheless, we choose to take on those risks, and may benefit from doing so.

Start-ups 52

Start-ups Compliance Technology Specific Risk 52

Internal Audit 360

MARCH 29, 2023

GUEST BLOG POST O ver recent years, I have found myself watching various specials on TV about the mythical Bigfoot creature. Evidence of control performance, outcomes achieved, and management review is critical. We routinely look to triangulate data points, observations, and management views, always digging deeper when necessary.

Banking 98

Banking 98

ThomsonReuters

FEBRUARY 15, 2023

Property taxes and tax rates, which vary greatly among states and localities, can be confusing and are a major area of tax exposure and risk. Firms can strengthen their role as a trusted advisor by helping clients effectively manage their property taxes and mitigate risk.

Accounting Firms 59

Accounting Firms Finance Technology 59

Audit Board

SEPTEMBER 7, 2023

What does “good” ESG governance and strategy look like, and how are companies integrating it with existing risk and compliance governance structures? Since ESG risk and responsibility span the organization, companies must find ways to improve collaboration and centralize governance. Who should own it?

Compliance 52

Compliance Start-ups Specific Risk Marketability 52

ThomsonReuters

AUGUST 24, 2023

Tax depreciation and state-level complexities Managing depreciation of fixed assets Tax depreciation, which enables business clients to reduce the amount of their reported taxable income, may seem straightforward at first glance. This saves preparers significant time and also reduces the risk of errors. What is bonus depreciation?

Start-ups 87

Start-ups Marketability 87

ThomsonReuters

JUNE 22, 2021

As this change in attitude is fairly recent, it shouldn’t be surprising that IT leaders may lack experience in change management. You can’t risk alienating the few that do.”. The post Influence 101: How to Drive Change in Your Tax and Accounting Firm appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

Accounting Firms 89

Accounting Firms Technology 89

ThomsonReuters

FEBRUARY 15, 2023

Accountants who help clients effectively manage property taxes can further strengthen their role as a trusted advisor. It also increases the risk of manual errors. Property taxes are a major area of tax exposure and risk. The post Property tax 101 appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

Appraisal 52

Appraisal Intangible Assets Equity Technology 52