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Audit Debrief: How to Improve For Next Year's Audit

Clancy Fossum . May 03, 2018

Accountants, believe it or not, can learn a lot from nature. Just look at the seasons of the year, how the frigid days of winter give way to new sprigs of grass, leaves on an oak, and bluebonnets dotting the Texan landscapes. Likewise, when a...

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Tagged: financial audit, auditors, audit partner

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Intentional Relationships: Guide to Biz Dev for Audit Partners and Senior Managers

Clancy Fossum . April 19, 2018

Despite outside appearances, Audit Partners and Senior Managers don’t have it easy. As new Partners and Managers quickly realize, all isn't quite as it seems. Often times, their once seemingly endless Midas touch is a distant memory as future...

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Tagged: business development, audit partner

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Making the Auditor's Jobs Easier and Limiting Audit Fees

James Durrenberger . February 15, 2018

All you have to do is turn on the TV for a few minutes to see some fine examples of the benefits of symbiotic relationships. Although it might have tampered the dizzying drama between the two, Tom and Jerry were always able to accomplish more...

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Tagged: audit partner, financial audit, auditors

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6 Ways to Improve the Internal Audit Department

Clancy Fossum . January 23, 2018

The mere mention of the word audit can make both individuals and companies try to ignore reality, just for very different reasons. Like taxpayers fearful of the "a" word and the harsh gaze of the IRS, many corporations are equally dreadful of the...

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Tagged: internal audit, financial audit, audit partner

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5 Signs Your Client Has Poor Control Environments

Clancy Fossum . January 16, 2018

Any fan of horror movies knows that when the lights start to flicker in a secluded cabin on a lake, it's never due to the local utility company dealing with an easily fixable electrical glitch. Instead, there is either a supernatural demon at...

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Tagged: internal audit, auditors, audit partner, controls

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