If your company is publicly traded, or if you’re a nonprofit, it’s mandatory for you to have an outside accounting firm audit your books every year.
working as a certified public accountant involves plenty of alone time with financial documents. For some CPAs, that’s right up their alley.
An audit is a formal check of financial accounts of an individual, business or organization.
Financial audits dig deep into a company’s financial situation, probing accounting records, internal controls policies, cash holdings and other sensitive financial areas.
Many companies provide their financial statements, along with a CPA’s report, to lenders, investors, suppliers and customers.
When we really look at a firm’s culture, it’s evident that [most] are not really changing as the way they hire, fire and train is the same as it was a decade ago
As a small-business owner, you have a lot on your plate. Keeping an eye on everything that’s going on in your office is not possible nor is it a smart use of your time.
In the third part of Dawn Brolin’s Fraudcast with CPA Stephen King of client accounting services firm GrowthForce, they talked about check tampering, which specifically has to do with employees who steal.
A financial statement audit is the examination of an entity’s financial statements and accompanying disclosures by an independent auditor.
You don’t get to choose them, but you must spend a lot of time with them. So, what do you do about a co-worker you really don’t like?