Social Networks
April 2019
Dissecting the role of the forensic accountant in litigation
When people hear the term “forensic science,” they usually think “CSI.” What comes to mind when you hear the term “forensic accounting”?
Employee vs. independent contractor: How should you handle worker classification?
Many employers prefer to classify workers as independent contractors to lower costs, even if it means having less control over a worker’s day-to-day activities.
Close-up on professional standards for CPAs
The accounting profession is largely self-regulated by the American Institute of Certified Public Accountants (AICPA).
How to outsource your nonprofit’s human resources function
Outsourcing human resources can give your not-for-profit’s staff more time to spend on core duties and mission-driven programs and it may be cost-effective.
Prepare for the worst with a business turnaround strategy
Many businesses have a life cycle that, as life cycles tend to do, concludes with a period of decline and failure.
Preventing fraud in auto dealerships
To prevent occupational fraud from cutting into your auto dealership’s profits and generating negative publicity, you need a strong internal controls system.
How entrepreneurs must treat expenses on their tax returns
Have you recently started a new business? Or are you contemplating starting one? Launching a new venture is a hectic, exciting time.
Put a QOE report to work for you
An independent quality of earnings (QOE) report can be a valuable tool in mergers and acquisitions.
Nonprofit board retreats: The pause that refreshes
If your not-for-profit’s board is like most, its members lead busy lives.
Deducting business meal expenses under today’s tax rules
In the course of operating your business, you probably spend time and money “wining and dining” current or potential customers, vendors and employees.
Why executives pose the greatest occupational fraud risk
In its 2018 Report to the Nations on Occupational Fraud and Abuse, the Association of Certified Fraud Examiners (ACFE) reported that owners and executives accounted fo
Now or later? When to report subsequent events
Financial statements present a company’s financial position as of a specific date, typically the end of the year or quarter.
Responding to the nightmare of a data breach
It’s every business owner’s nightmare.
Prevent hackers from wiping out your employees’ 401(k) accounts
News of commercial database hackings may seem commonplace in 2019.
Divorcing business owners need to pay attention to tax implications
If you’re getting a divorce, you know it’s a highly stressful time. But if you’re a business owner, tax issues can complicate matters even more.
Auditing accounting estimates and the use of specialists
The Public Company Accounting Oversight Board (PCAOB) recently voted to finalize two related standards aimed at improving audits of accounting estimates and the work o
Why you should run your nonprofit like a business
It’s a well-known truism in the corporate world: Organizations that don’t evolve run the risk of becoming obsolete.
Present yet unaccounted for: The problem of presenteeism
Absenteeism has typically been a thorn in the side of many companies.
Fraud fact: Crooks prefer cash
It should come as no surprise that cash is the most popular target of fraud perpetrators. After all, once stolen, cash itself is virtually untraceable.
Understanding how taxes factor into an M&A transaction
Merger and acquisition activity has been brisk in recent years.
Simplifying the accounting rules for convertible debt and equity
Distinguishing between liabilities and equity on a company’s balance sheet may seem straightforward.
