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Author: Keith Kauffman

UK Brydon Call for Views: Response

February 14, 2020 Keith Kauffman Leave a comment

This independent review, led by Sir Donald Brydon at the invitation of government, considered how the audit process and product…

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Private Companies: Getting rid of US GAAP Reporting!

November 12, 2019 Keith Kauffman Leave a comment

Enough is Enough. I just read another article that described the implementation of the new lease accounting standard as “Daunting”.…

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US GAAP: Unanswered Questions

August 11, 2019 Keith Kauffman Leave a comment

It has been several months since my last post. I spent some time responding to the Brydon Call for Views…

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THE LIST

March 29, 2019 Keith Kauffman Leave a comment

It has been a while since I have posted anything, but I have been compiling the List of items below…

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The New Audit Report

December 21, 2018 Keith Kauffman Leave a comment

As a result of new language concerning critical audit matters (CAMs), I decided to take a stab at revising the…

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Accounting in Crisis, but there are Solutions

November 16, 2018 Keith Kauffman Leave a comment

I believe the accounting profession is at a critical point, especially in the attest and assurance practice. Technology, complexity, and…

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Audit Dead in a Decade? (Post from Accounting Today article)

November 7, 2018 Keith Kauffman Leave a comment

Below is a post from an article in Accounting Today. My comments are below. Article Following are some highlights from…

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How to bring value back to the financial statements and auditing

September 24, 2018 Keith Kauffman Leave a comment

The accounting profession has recognized over the years that improvements need to be made to the financial statements prepared under…

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The problem with Audits today

September 23, 2018 Keith Kauffman Leave a comment

The audit of financial statements prepared under US GAAP (“Audit”) has morphed into something that was never intended.  The Audit…

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What is wrong with US GAAP

August 26, 2018 Keith Kauffman Leave a comment

The elephant in the room is financial statements prepared under US GAAP no longer provides any value. The primary reasons…

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Recent Posts

  • UK Brydon Call for Views: Response
  • Private Companies: Getting rid of US GAAP Reporting!
  • US GAAP: Unanswered Questions

Connect with Keith

  • twitter
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