comments: ‘change is coming’ to internal audit

can no longer be passive.

joel c. font, cisa, author of today’s audit journal, comments on the scary new outlook for internal audit:

my view is that the role of internal audit will evolve away from the passivity that now characterizes it. not because the internal auditors are leading the charge, but because the politicians in washington and the crooks in wall street will force it on those who hire us. the politicians with their simple minded populism, and the crooks with the audacity of their schemes, which can not be hidden anymore in today’s hyper media environment.

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12 hot growth tips for cpa firms

four top experts lay out action plans.

by rick telberg

accountants and finance executives are finding a newly complex and competitive landscape that requires new strategies and determination, according to a sampling of leading experts.

bourke

james c. bourke, cpa.citp, partner at withumsmith+brown, tells me that “keeping competitive and profitable at the same time” is one of the three key challenges he sees facing accountants today.

in addition, he says, accounting and finance managers are struggling to keep “staff busy” and stay “on top of client confidentiality rules and regulations.” some 47 states have now passed privacy security rules that cpas need to understand, bourke says.

to be sure, the opportunities for accountants are just as broad as the challenges.

bourke sees potential leverage at firms that can: read more →