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2021 broke downward trend on restatements

Accounting Today

Financial restatements, which have generally been on a downward trend since 2003, spiked in 2021.

Auditing 249
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Retirees will get 3.2% Social-Security boost next year, smallest gain since 2021

Accounting Today

increase next year, the smallest gain since 2021, reflecting a significant cooling in the rate of inflation. Monthly checks for the more than 71 million people receiving retirement or disability benefits in the U.S. will get a 3.2%

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Reminder: May 31, 2024 Sunset of QuickBooks Desktop 2021

Insightful Accountant

and so it may be for many who are using QuickBooks Desktop 2021 products when those products 'sunset' on May 31, 2024. Sunsets are not always as beautiful as the one depicted.

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PCAOB finds auditor evaluation deficiencies

Accounting Today

Seventeen percent of comment forms in 2021 and 2022 contained auditor evaluation deficiencies, according to the PCAOB.

Auditing 330
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QuickBooks 2021 – Release Update R14

Insightful Accountant

Intuit has begun pushing out the May, 2023, R14 update to QuickBooks 2021 Desktop Products, including Enterprise 21.0. You may have already seen this update pending in QuickBooks 2021 software.

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Intuit Rolling-out Updates to Desktop 2023, 2022 and 2021

Insightful Accountant

" Intuit is pushing out maintenance release updates to all QuickBooks Desktop products for 2023, 2022 and 2021. "Wake-up and smell 'the new release'!"

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Average audit fees are rising as auditors turn more to technology

Accounting Today

from 2021 to 2022, and more auditors are using data analytics in their audits, according to a new report. Average audit fees increased by 4.6%

Auditing 315