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Member Articles


Audit, Review, or Compilation: What’s the Difference?

Year-end financial statements provide a ‘snapshot’ of your business’ finances. However, the level of detail required, and the associated level of reporting, varies considerably based upon the type of engagement. To ...

Data Analytics: The Future is Already Here

If you type “What is the future of audit?” into Google (other search engines are available) there are a range of themes and opinions evident. One prediction is the break-up of the dominance held by the global audit f ...

Five Tips for a Smooth Financial Statement Audit in a Rocky Year

As this unusual school year draws to a close, you’re probably already thinking about how preparing for your district’s financial audit might be different this year. Here are five tips to make the process run more smo ...

Information for Audit Committees: New Requirements for Auditing Accounting Estimates and Use of Specialists

Audit committees should become familiar with two new accounting requirements from the Public Company Accounting Oversight Board (PCAOB) regarding auditing accounting estimates, including fair value measurements, and the ...

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