Posts tagged ‘Internal Audit’

 

Internal Controls Are Key – But They Have To Be Challenged To Be Effective

Read full article  | No Comments

Hannaford Brothers Co. was a good place to work, as I said elsewhere on this blog. They had a strong commitment to good internal controls from the very top to the bottom of the ladder. But they also had a professional and effective internal audit function. STILL, fraud was occurring all the time. Sure, there […]

Read More

Quickbooks Tips, Traps and Advice

Read full article  | 3 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

WHAT??!! ANOTHER multiple-victim embezzler?

Read full article  | No Comments

I have an earlier post promoting criminal background checks for employees who have access to cash and accounting records. Here is just one more example of a company being penny wise and pound foolish. They saved a few bucks by not performing a criminal background check on a bookkeeper with, I’m going to guess, pretty […]

Read More

When you sleep with dead fish, you wake up stinking

Read full article  | 1 Comment

Connecticut estate dispute may end with settlement Here is the link. Sorry for bouncing you around. http://www.estateofdenial.com/2011/02/04/conn-estate-dispute-may-end-with-settlement/ So I guess this is old news, but one of the people heavily and directly involved, Debra Hyde, was and still is the Director of Advancement at an elite private day school in West Hartford, Connecticut, Kingswood-Oxford School. […]

Read More