Insights
Insight and analysis from the Pease Bell team — on tax, audit, accounting, and the industries we serve.
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QC 1000 vs SQMS No. 1: PCAOB vs AICPA Audit Standards
QC 1000 and SQMS No. 1 both demand a quality management system but apply to different firms. Compare the PCAOB and AICPA standards and…
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SAS 145 Risk Assessment: First-Year Lessons for Clients
SAS 145 changed risk assessment mechanics, not audit objectives. Learn the first-year lessons and documentation pitfalls peer reviewers are flagging.
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SAS 136 Employee Benefit Plan Audit: Findings and Sponsor Duties
Under SAS 136, your employee benefit plan auditor must report findings in writing. Learn what counts as a reportable finding and the plan sponsor’s…
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NMLS Mortgage Call Report Version 7: Preparing for 2026
NMLS Mortgage Call Report Form Version 7 first applies to Q1 2026. Learn the new filing windows, components, and how to reconcile your financial…
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Top Single Audit Findings for SAMHSA-Funded Organizations
Single audits hit SAMHSA grantees with recurring findings in reporting, eligibility, and cash management. Learn the top issues and how to avoid them.
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Single Audit Threshold Rises to $1 Million: Do You Still Qualify?
The single audit threshold rose to $1 million. Learn whether your organization still qualifies, based on federal awards expended, not awarded or received.
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REAC Submission: Filing Under the $1M Single Audit Threshold
The single audit threshold is now $1M, but REAC’s FASS-MF still validates at $750K. Learn how to submit correctly and request a waiver for…
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Why Manufacturers Are Revisiting LIFO Inventory in a Tariff-Driven 2026
Tariff-driven cost inflation is pushing manufacturers to revisit LIFO inventory. Learn the tax benefit, election timing, and the LIFO liquidation trap to avoid.
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Pennsylvania SNF Audits and the 70% Direct-Care Rule
Pennsylvania’s 70% direct-care spending rule turns your cost report into a compliance test. Pease Bell makes the SNF audit faster and more useful.
