Why Audited Financials Matter
Reliable financial reporting is key to any company’s success. Here’s why your business should at least consider investing in audited financial ...
Tackling Nonprofit Fraud: Awareness and Prevention
Fraud perpetrated through cyberattacks and social engineering has increased significantly over the past few years. Forensic services teams are busy ...
Preparing Your Business Books for the New Year
With the new year upon us, the time has come to close the books on 2023. For many companies, January is also the beginning of the new fiscal year, ...
What is Residual Fraud Risk — and What Can Your Business Do About It?
By regularly analyzing risk, business owners and executives can better understand and manage the likelihood and potential impact of fraud. Generally, ...
Tips For a Smoother Month-end Close
Does your company struggle to close its books at the end of each month? The month-end close requires accounting personnel to round up data from ...
Reporting Requirement for Shareholder Health Insurance
The IRS requires that an S-Corporation shareholder report the amount paid for each officer’s health insurance as additional wages on Form W-2 Box 1 ...
Importance of Obtaining W-9s and Issuing 1099s
To make the process as quick and painless as possible, follow these tips:
Financial Statements at a Glance
Financial statements tell investors information about an organization’s financial performance, helping to ensure corporate transparency and ...
New Report Identifies High-Risk Areas in Financial Reporting
In July 2023, the Public Company Accounting Oversight Board (PCAOB) published a report that highlights common areas of audit deficiencies for public ...