Observations
Mar 01, 2024In a recent survey of 497 individuals working in the controllership function, Gartner found that 18% of accountants make financial errors daily, and one-third make at least a few errors every week. The survey identified increased workload and low capacity as key causes of these errors.
Observations
Jan 10, 2024Last month, the US Public Company Accounting Oversight Board (PCAOB) published its "Staff Priorities for 2024 Inspections and Interactions With Audit Committees." Therein, the audit regulator lays out its plans to increase scrutiny of audit firms' cultures in the coming year.