Confused by tax jargon and audit terminology? Check out our new video series, Accounting for Non-Accountants! Emily and Abby will help you break down the current accounting trends and concepts that may apply to you, your business, or non-profit organization. See their first video below, and stay tuned for next month’s video as they tackle the Wayfair topic.
Note: This article is the second in a series about the AICPA’s new standard on auditor’s risk assessment. An overview of the new standard can be found here. This article