Auditing
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Payroll Software Buyer’s Guide
Recap of the Accounting Thought Leader Think Tank – The Accounting Technology Lab Podcast – July 2024
How to Help Clients Navigate Nexus: A Guide for CPAs and Accountants
3 Reasons It May Look Like You Love the IRS More Than Your Family
Cashier Admits Embezzling $1 Million to Hide Online Affair
A tale of sexting, blackmail and embezzlement involving two couples in Ohio and West Virginia reached a head last week when one of the parties, a former Bethany College cashier, admitted to stealing $1 million from the school to keep an online affair secret from her husband.
How Distributed Scanning Helps Streamline Accounting Workflow
I’ve been doing a lot of work writing and consulting on the topics of document management and workflow, and had seriously written off the hardware side of those critical accounting functions. After all, what more could be said about buying printers and scanners.
Virginia Environmental Agency Faces Critical Audit Over Grant Funds
Signs of poor financial oversight at a Virginia state agency responsible for environmental stewardship emerged late last summer when federal government monitors spotted record-keeping gaps during a review of six grants awarded to Virginia totaling nearly $740,000.
Tips to Make a Business Audit Less Traumatic
The letter lands in your business mailbox. The return address shows it's from the Internal Revenue Service. Before it's even opened, nervousness sets in.
Financial Accounting Foundation Names CPA As Chair of Advisory Council
The Financial Accounting Foundation has announced that Steven E. Buller, CPA, managing director and former chief financial officer of BlackRock, Inc., has been appointed chairman of the group's Advisory Council (FASAC). His term begins on February 1, 2014, and concludes on December 31, 2015.
AICPA Commends FAF for Funding IASB
The American Institute of CPAs (AICPA) issued the following statement by President and CEO Barry C. Melancon, CPA, CGMA, in response to the Financial Accounting Foundation’s announcement that it will provide funding to the International Financial Reporting Standards Foundation to support the completion of international convergence projects:
How Accounting Firms Can Protect Against Identity Theft
In the wake of the recent identity theft of some 40 million accounts from retail merchant Target, and the potential for massive theft from the health care exchanges set up under the Patient Protection and Affordable Care Act (ACA), consumers are again left bewildered -- and looking for someone to take the lead in crafting a solution.
Homeowners Being Duped by “Securitization Audits,” According to Fraud Examiners
A new foreclosure rescue scam promises to help distressed homeowners keep their homes through the use of a "securitization audit." "The only problem, according to investigative firm Mortgage Fraud Examiners: These "hucksters" are charging fees for information that's free to anyone for the asking, and knowing who owns the note won't save anyone's home."