Cash vs. Accrual

Have you started a business and are wondering what accounting method (cash or accrual) is best for you to use?  Do you find yourself with annual debate if you should switch accounting methods? Or do you have different accounting methods you use for financial reporting vs. tax reporting? The two main methods of record keeping [...]

By |2017-06-17T19:16:56-05:00February 11th, 2012|Audit, Accounting & Forensic Services|

Environment for Fraud

Ever wonder how the seemingly perfect company with great employees ends up finding fraud occurring within their organization?  There are 3 key items when investigating fraud that are common to all frauds: Pressure/Incentive Opportunity Rationalization These three items are known in professional literature as the "Fraud Triangle" Pressure or incentive for fraud is really the [...]

By |2017-06-17T19:16:56-05:00January 10th, 2012|Audit, Accounting & Forensic Services|

Forensic Accounting Services

In the past few years there have been constant stories in the news of frauds occurring in businesses.  I am sure many that come to your mind immediately are Enron, WorldCom, Tom Petters, Denny Hecker and many more.  What you often don't see in the media are the frauds that are occurring in small businesses [...]

By |2017-06-17T19:16:57-05:00December 20th, 2011|Audit, Accounting & Forensic Services|
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