Remove audit Remove Employee Expense Reimbursement Remove Expense Reimbursements Remove Tax
article thumbnail

Fraud Detection and Prevention: Fraud Through Employee Reimbursements

Withum

In past years, the annual audit was performed by a CPA who was an income tax practitioner. When selecting the new firm, ACME CPAs, management chose a firm and practitioners who specialized in financial audits with an emphasis in labor union/not-for-profit organizations. The Takeaway.

article thumbnail

Expense Reimbursement vs Company Credit Cards: What Skagit County Business Owners Need to Decide

SkagitCountyTaxServices

You probably didn’t realize that there are actual pros and cons to expense reimbursement for employees, etc. Now, let’s dive into handling business expenses paid by employees. Time Savings On the surface, issuing employees a company credit card may seem to be the better option in terms of saving time.