Early revenue recognition has long accounted for a substantial portion of financial statement fraud. By recording revenue early, a dishonest business seller or an employee…
Nonprofit organizations operate under tight budgets, employing fewer staff members than for-profits. As a result, these employees juggle multiple responsibilities. Turning to an outsourced chief…
The SOC framework is complex and requires detailed scoping with policy and procedures documentation in order for a service organization to be successful. With so…
Planning for retirement can feel overwhelming, but with the right help, it doesn’t have to be. Physicians should meet with their accountants and financial advisors…
Many doctors do not believe that there is a difference between employees and contractors, and unfortunately, these misconceptions can lead to long-term employment issues. Do…
Bitcoin and other forms of virtual currency are gaining popularity. But many businesses, consumers, employees and investors are still confused about how they work and…
When it comes to reducing fraud loss and duration, active detection methods (such as surprise audits or data monitoring) are far more effective than passive…
Consider the typical building — a small high-rise or large manufacturing plant. Several hundred companies need to work in unison — a general contractor, an…
Despite its name, the Tax Cuts and Jobs Act (TCJA) didn’t cut all types of taxes. It left several taxes unchanged, including the 3.8% tax…
When teachers are setting up their classrooms for the new school year, it’s common for them to pay for a portion of their classroom supplies…