Gani Laguisma

CPA Trendlines: Say Adios to Audit Fee Pressure: What client goes out for an audit proposal when their auditor provides relevant advice and useful suggestions? By Alan Anderson, CPA Transforming Audit for the Future Go PRO for members-only access to more Alan Anderson. http://dlvr.it/T9ZDPR #CPA #tax #accounting

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The AICPA and NASBA are paving the way for a more flexible approach to CPA licensure with the proposed competency-based experience model. This initiative not only ensures that aspiring accountants possess the necessary skills and knowledge but also adapts to evolving market demands, making the path to licensure more accessible while upholding the profession's commitment to public protection. Read more of the article here: https://lnkd.in/eQNCphvR #AccountingNews #AICPA #NASBA #ImpactGlobalTalent

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We've got another CPA test tip for you! Create a set of rules for multiple choice questions. When creating rules for multiple-choice questions, make sure you follow the directions! The AICPA sets an exact set of guidelines when it comes to multiple-choice questions. Specific topics cannot be tested on, and every question should have exactly four choices – no more or less. Make sure you always follow the directions when studying for practice exams with multiple-choice questions. Happy studying!

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#CPA Firms - Are You Ready for Your Next Internal #Inspection? Every three years, most #CPA #firms and sole #practitioners go through a mandatory #peerreview of their #accounting & #auditing (A&A) practice as outlined in the AICPA #peerreview Program. During the two-off years, CPA firms are required to perform their own #monitoring procedures to ensure their system of #qualitycontrol is properly designed and operating effectively. Designed to assess the quality of a firm’s audit approach, an internal inspection, just like a peer review, considers the leadership, culture and other elements of quality control attributes by analyzing a “snapshot” of its activities. The inspection involves more than just revisiting recently issued attest engagements — instead, it’s a matter of analyzing the CPA firm’s attest practice’s operations. Take a read to learn more and how we can assist - https://bit.ly/3QpQR44 Financial Accounting Standards Board International Accounting Standards Board (IASB) IFAC

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If you're interested in finding out more about navigating R&D Tax Credit changes, check out this great new blog post from the San Jose-based MTS Professional Tax Service Inc. Just click below.

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💡 Capital Acquisitions Tax (CAT) might seem complex, but for accountants, it’s a regular challenge that must be mastered to help clients leverage all available tax reliefs.👨💼 Understanding the various thresholds and exemptions allows for minimizing tax liabilities and maximizing the value of transferred assets. With CAT reliefs, your clients can preserve family wealth, and as their accountant, you play a pivotal role in this process.👩💼 Be sure to consider all aspects so that business transfers are as seamless and profitable as possible. For more insights, click on the link: https://lnkd.in/eTB3-jaX #TaxStrategy #BusinessSuccession 👩💼👨💼

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