Most business owners know that sustaining a steady cash flow through the ups and downs of economic cycles is key to a business's long-term success. But when you're coping with an unpredictable economy and the many complexities of running a business, it's easy to...
Auditing
Don’t get taken: Get a business fraud checkup!
Dec 8, 2020 | Accounting, Auditing, Automobile Dealers, Businesses, Construction Contractors, Consulting, Manufacturing
The median loss due to occupational fraud is $160,000 ($231,000 for privately-held companies.) In a recent study, 42% of victims were privately-held companies, and almost 40% of those cases involved companies with less than 100 employees. The vast majority...
Get your annual audit done on time this year
Jul 22, 2020 | Auditing, Banks, Businesses, Construction Contractors, Employee Benefit Plans, Governments, Manufacturing, Non-Profits
Your [bankers, board members, shareholders] need the audited financial statements yesterday! The auditors said they would be done by now, but they’re not. Sound familiar? Audit projects fall behind schedule for a variety of reasons. In our experience, however, the...