How Construction Business Owners Can Prepare for an IRS Audit
The IRS has historically considered construction a high-risk compliance industry because of its potential for cash transactions, underreported income and worker misclassification. What's more, as the tax agency rolls into the future under new leadership, Read More
May 10, 2023
How External Auditors Can Leverage Your Internal Audit Work
If your organization has an internal audit function, you may be able to use your internal audit team to streamline financial reporting by external auditors. External auditors aren't required to use internal auditors in any Read More
Apr 26, 2023
Fraud Alert: Scammers are requesting account changes
The banking industry is reporting a significant increase in account fraud. A high number of instances are being reported where scammers reach out to businesses via email posing as a client or vendors informing them Read More
Mar 17, 2023
Is Your Business Ready for Next Level Accounting Services?
In our latest guide, Next Level Accounting Services, you’ll learn the benefits of accounting services that do far more than prepare your taxes and balance the books – and how to recognize when you need Read More
Dec 27, 2022
Do Your ESG Initiatives Open the Door to Fraud?
Within a relatively short period, corporate environmental, social, and governance (ESG) initiatives evolved from a disjointed and confusing set of goals to a more unified business imperative. This is largely because investors, employees, customers and Read More
Aug 04, 2022
BWC Audits: Should I Be Worried?
Each year the Ohio Bureau of Workers Compensation (BWC) randomly selects employers to audit to verify that employers are properly classified according to their business operations and to make sure payrolls are accurately reported with Read More
Jul 19, 2022
What Level of Audit & Assurance Services Are Right for Your Business?
Putting your business financials and processes under the microscope can be an intensive process. At the same time, the benefits of your financials undergoing such scrutiny are hard to overestimate. The revelation of even a Read More
Jul 11, 2022
Spotlight on a Critical Antifraud Tool: Risk Assessments
Fraud risk assessments have been shown to prevent occupational fraud and limit losses for victimized organizations. These tools have become more prevalent in recent years, according to "Occupational Fraud 2022: A Report to the Nations" Read More
Jul 07, 2022
New ACFE Study: Knowledge Is Power in the Fight Against Fraud
Every two years, the Association of Certified Fraud Examiners (ACFE) publishes a study detailing the costs, schemes, perpetrators and victims of occupational fraud. "Occupational Fraud 2022: A Report to the Nations" was recently released. It Read More
May 26, 2022
What to Do When Your Bank Wants Financial Statements
If a bank, investor, buyer, bond agency, or other third-party asks for or demands your financials—and your CPA firm cannot provide them in a timely manner—you may not get the loan or credit line increase Read More
Jun 11, 2021