Posts tagged ‘CPA’

 

Quickbooks Tips, Traps and Advice

Read full article  | 2 Comments

QuickBooks is probably the #1 selling small business accounting program in the world. Well, in the US, anyway. It does a great job automating and classifying transactions, and simplifying the processing and allows small business owners to take better control of their finances. Unfortunately, it does not come with a CPA certificate or a BA […]

Read More

An open letter to the AICPA regarding fraud

Read full article  | 1 Comment

This is a rehash/mash up of 2 previous posts, so if you’ve seen it before, I apologize. One of my traits is that I need to DO something. If people don’t DO SOMETHING, nothing changes. So I’ve emailed this to the members of the Board of the AICPA. The response I received from the AICPA […]

Read More

Towards a New and more Effective Consideration of Fraud in a Financial Statement Examination

Read full article  | No Comments

So what do I suggest if I think the triad of fraud “guidance” is a crock? Good question. In an accounting/auditing engagement, what would I recommend as guidance in considering the risk of fraud?   First, I would create at least 2 major and wholly independent categories of fraud.   Material, willful, financial statement fraud […]

Read More

What’s the difference between the United States and Nigeria?

Read full article  | No Comments

Trick question. In some respects, there is very little difference. Let’s enjoy this news tidbit from today’s reports:   From FoxNews, March 14, 2013 – “TALLAHASSEE, Fla. –  Florida’s lieutenant governor resigned and nearly 60 other people were charged in a scandal involving a purported veterans charity that authorities said Wednesday was a front for […]

Read More