The EU AI Act took effect on August 1, 2024, and carries extraterritorial reach. U.S. employers can be covered even without a physical EU presence if AI outputs are intended to be used in the EU—e.g., ...

Private equity is no longer simply circling accounting firms and intermittently taking stakes – the profession has become a hotbed of activity.

Many companies rush into outsourcing without a real strategy and pay the price later. Before you sign a contract, run this ...

NFRA said that the development and document of audit strategy has to be commensurate with the risk profile of the auditee ...

The National Financial Reporting Authority (NFRA) launched audit practice toolkits to enhance audit quality for small and medium practitioners in India. These toolkits provide scalable audit strategy ...

NFRA launches audit toolkit to support small and medium practitioners, enhancing audit quality in India. Focus on audit ...

Delhi HC reviews CBDT's decision to exclude Transfer Pricing (TP) cases from the extended ITR deadline, an unprecedented ...

By Lee Sung-jin Vice commissioner of the National Tax Service Tax audits are often likened to a tug-of-war. The National Tax ...

The Civil Aviation Authority of Sri Lanka (CAASL) has advertised 15 critical vacancies, including air safety and oversight personnel, ahead of a crucial audit by the International Civil Aviation ...

Keep in mind that the majority of audits are resolved through the mail. In any audit, it's more that the IRS needs ...

Early adopters such as Wipfli and Anders offer lessons learned that can help you finalize your QM system and confidently ...

A life insurance policy’s premiums were held nondeductible by a dentist’s practice, and its increase in cash value was ...