One of the most challenging aspects of my job as a public accountant and auditor is explaining to clients why I’d like to do what I need to do. Frequently you’ll find in your position as the auditor that client employees will enjoy seeing you twist in the wind and will find the most effective way […]

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A little late, but a blog post at CFO.com about the level of service a small-cap public company can expect to receive from a Big Four auditor compared to a mid-size firm seemed inter­esting enough to share: CFO.com reader Kunal Ganguly wrote us to say a company of Catapult’s size, with its $102 million market cap, […]

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I have been on vacation for the last half of this month, and that along with Christmas has resulted in much less activity on this blog than is normally seen. Additionally, I have been immersed in a great book on the Enron scandal, titled “The Smartest Guys In the Room: The Amazing Rise and Scandalous […]

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Materi­ality is an important concept in auditing. The point of an audit is to certify the financial state­ments as being free of material misstatement. A material misstatement is one which would affect the decisions of a user of those state­ments. This recent blog post at the VeraSage Institute, more known for their pioneering work in […]

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I was recently asked what I thought about value pricing as it relates to profes­sional services firms. The billable hour is typically how firms price their engage­ments, but the idea of value pricing is gaining momentum and accep­tance is growing. I believe in a compet­itive market, value pricing would occur naturally. Misin­for­mation from vested interests […]

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