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Unmasking Fraud: How Forensic Accounting Protects the Hospitality Industry

Withum

Forensic investigations in the hospitality industry are essential for identifying and preventing fraudulent activities. The hospitality industry is a prime target for fraudsters due to the high volume of transactions and personally identifiable information (PII). A total of 52 cases in the sector were recorded as part of the report.

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Crowe Launches Cash Management Solution For Hospitals

PYMNTS

Accounting, consultancy and technology firm Crowe is rolling out a new solution designed for hospitals to automate daily bank reconciliation processes and manage cash flow, the company said in a recent announcement. Hospitals can often struggle to manually reconcile cash flow coming from multiple sources.

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Friday Footnotes: An Outsourcing Shortage Now Too?; Finally, Some Disruption; PwC Haters Celebrate Government Inquiry | 3.17.23

Going Concern

creating general ledgers, organizing financial statements, and handling pricing and invoicing. After on-site inspections, a review and a hearing the Ministry of Finance found that Deloitte had “serious audit deficiencies” in its work with Huarong between 2014 and 2019, according to a statement.

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Navigating the World of Bookkeeping for Marketing Agencies

Steve Feinberg

For example, maybe you’re providing excellent service to a local hospital, and they’re providing your agency with regular, steady work while you’re other contracts are more piecemeal. Naturally, you’d prioritize your work for the hospital, but every month you discover that your income is less than the month before. If so, how much?