Audit News - Beene Garter, A Doeren Mayhew Firm

Business colleagues working on audit reports

Why Auditors Prefer In-Person Interviews To Assess Fraud Risks

Posted November 29, 2022

Auditing standards require financial statement auditors to identify and assess the risks of material misstatement due to fraud — and … Read More

Business woman analyzing financial documents

Accounting 101: Levels of Assurance

Posted September 13, 2022

A financial expert’s analysis is only as reliable as the data it’s based on — and all financial statements aren’t … Read More

Key Changes Impacting Federal Single Audits

Posted July 13, 2022

The U.S. Office of Management and Budget (OMB) released the 2022 OMB Compliance Supplement in May 2022, which will impact … Read More

Business Professionals determining the impacts of inflation.

7 Ways Inflation Could Affect Your Financial Statements

Posted June 16, 2022

Business owners and investors are understandably concerned about skyrocketing inflation. Here are notable increases that occurred in 2022. The consumer … Read More

Audit team planning attest services in office

We Explain Attest & Nonattest Services. Which One Is Right For Your Business?

Posted May 17, 2022

When hiring a public accounting firm to provide audit services, do you understand all the service options and how they … Read More

The 5 Step Approach To Revenue Recognition

Posted October 6, 2021

The Financial Accounting Standards Board (FASB) issued Revenue from Contracts with Customers (Topic 606) to clarify and apply revenue recognition … Read More

A group of employees discuss the different types of audits that best fit their business needs

11 Different Types of Audits That Can Help Your Business

Posted October 1, 2021

What are the different types of audits? Internal audits External audits Financial statement audits Performance audits Operational audits Employee benefit … Read More

Business leaders creating a financial forecast

Financial Forecasting Is Good For Business. Create A Forecast In 3 Steps.

Posted August 11, 2021

What’s financial forecasting? Financial forecasting is the practice of planning for various financial outcomes of your business. You can use forecasting for overall business health or … Read More

Plan administrator educating participants and fulfilling her responsibilities

Do You Want To Be A Great Plan Administrator? Know Your 10 Responsibilities.

Posted June 22, 2021

As the plan administrator of an employee benefit plan, you need to understand the laws that govern these plans and … Read More

Plan administrator gathering documents to prepare for employee benefit plan audit

How To Prepare For Your Employee Benefit Plan Audit

Posted May 21, 2021

After you hire an independent CPA firm to audit your company’s retirement plan, what’s next on the to-do list? Can … Read More

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