Tax Fraud Blotter: Artful dodger

Red-handed; marina fees and airline tickets; similar patterns; and other highlights of recent tax cases. Original Article Posted at : https://www.accountingtoday.com/news/tax-fraud-blotter-artful-dodger

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Auditors and CAQ change plans in response to coronavirus

The auditing profession is responding to the novel coronavirus pandemic by adjusting how it conducts audits, and that’s evident in the Center for Audit Quality, whose CEO, Julie Bell Lindsay, took over the leadership job when the priorities for the profession and the CAQ looked far different. Original Article Posted at : https://www.accountingtoday.com/news/auditors-and-caq-change-plans-in-response-to-coronavirus

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Wirecard says KPMG could not review all data for audit

An independent audit into Wirecard AG concluded that it was unable to obtain the data needed to confirm past revenues, and criticized the payment processor for internal “shortcomings” and unwillingness by its third-party partners to contribute to the report. Original Article Posted at : https://www.accountingtoday.com/articles/wirecard-says-kpmg-could-not-review-all-data-for-audit

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The vertical coronavirus pandemic

Accountants share unique problems faced by four different industries. Original Article Posted at : https://www.accountingtoday.com/news/the-vertical-coronavirus-pandemic

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Lessons to learn from the coronavirus

Make note of what your firm is doing right – and wrong – through this crisis. Original Article Posted at : https://www.accountingtoday.com/news/lessons-to-learn-from-the-coronavirus

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