FraudFiles

DECEMBER 10, 2021

These are some of the most dreaded words an individual or business will ever hear from a state or federal tax auditor. Blame and shame have no place in a tax audit. Lots of businesses have been guilty of the “shoebox method” of accounting or careless records retention. Recreating the Accounting Records. Not necessarily.

audit 52

audit Tax forensic accounting auditor 52

FraudFiles

JULY 12, 2021

The best forensic accountants and fraud investigators are able to find additional sources of information to help crack the case. In cases in which a company’s accounting records have been compromised, these source documents are instrumental in reconstructing the finances.

forensic accounting 52

forensic accounting Real Estate Legal accounting and finance 52

Withum

APRIL 25, 2022

Now that we have surpassed the 2-year mark of lockdowns, shutdowns, and letdowns – what was expected by forensic accountants on day one has become painfully clear.

forensic accounting 52

forensic accounting Non-Profits Government payroll 52

Snyder

MARCH 6, 2023

Our fast-paced world has transformed many jobs, but few seem to have changed as much as what accountants typically did even 20 years ago compared to today, next year, or the next decade. So, let’s look at the accountant roles of today and the current trends that influence what the roles of an accountant of tomorrow will entail.

forensic accounting 52

forensic accounting Account accountant accounted 52

Going Concern

APRIL 1, 2024

Business Insider wrote about the accountant shortage, specifically Tupperware griping in regulatory filings that it can’t find enough people (again): The accountant shortage is so bad that companies are delaying filing key mandatory reports. A lot of this work that we’re doing is, I’d call it forensic accounting,” Cipriano said.

Account 103

Account accountant accounted audit 103

PYMNTS

MARCH 1, 2018

The package must include the laundry list of financial records lenders want to review: balance sheets and financial statements, bank statements, tax returns, accounts payable and receivable and details about the vendors on those lists, as well as details about outstanding loans and tax returns.

accounts payable 40

accounts payable forensic accounting tax return accounting and finance 40

Going Concern

APRIL 22, 2024

Thomson Reuters writes about the National Pipeline Advisory Group (NPAG), one of the AICPA’s multi-faceted initiatives to address the accounting talent crisis. The accounting talent pipeline discussion in the press and social media has centered around the idea of modernizing the licensure requirements.

auditor 87

auditor Account accountant accounted 87

Going Concern

JANUARY 26, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. But federal monitoring is making a comeback under new leadership. AI Is your firm keeping pace?

Account 115

Account accountant accounted audit 115

Snyder

MARCH 14, 2023

Now, it’s kind of difficult to predict where you’ll end up but there are certain jobs that’ll always be in demand, in particular accounting jobs. In the following article, you’ll find out why the accounting field is worth pursuing and which jobs are in demand with some of the highest salaries across the industries.

accounting jobs 52

accounting jobs accountant jobs accounts jobs managerial accounting 52

Withum

JANUARY 17, 2023

Back in 2006, I answered a job posting in the local newspaper for a research position at a forensic accounting firm. We started seeing higher demand for research, which continues to grow, especially as the accounting world expands. Years ago, we were retained to value interests in citrus groves for estate tax purposes.

New Jersey 65

New Jersey Florida bookkeeping forensic accounting 65

Going Concern

DECEMBER 23, 2022

We will be out of office next week but have scheduled some things to run while we’re gone for those individuals who are severely addicted to accounting shitposts and simply cannot go without. The average British worker’s pay in 2023 is expected to fall back to 2006 levels once inflation is taken into account, according to PwC.

Tax 84

Tax auditor audit tax return 84