article thumbnail

BEC Scam Storms The Sports Field (Literally)

PYMNTS

Business email compromise has come to high school sports. The real vendor responsible for the field is still awaiting payment,” reported the site. Most enterprises, found AppZen, that don’t use AI only audit up to 10 percent of spend, while companies that use AI are able to audit 100 percent of invoices, contracts and expenses.

Sports 59
article thumbnail

Los Angeles Based CPA Firm Announced New Principal, Stacey R. Korman, CPA, MST

KROST

Stacey has extensive experience in assurance & advisory and accounting services and since joining the firm she has led the accounting and audit departments. Stacey is expertly versed in working with clientele from a wide range of industries, including management companies, real estate, technology, foodservice, and not-for-profits.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

KROST Quarterly Magazine: The Financial Services Issue is Now Available!

KROST

Accounting , Sports & Entertainment. She has spent her career managing audits, reviews, and compilation engagements. Stacey Korman, CPA, MST, Principal. Stacey Korman is the Accounting Principal at KROST. Matthew Weber, CPA, MAcc, Senior Manager. Tax , Financial Services Sector , Hospitality.

CPA 52
article thumbnail

Financial Discovery Checklist (Family Law)

FraudFiles

List of all real estate interests owned by the party directly, indirectly, or in any manner whatsoever. List all sources of remuneration, including salaries, bonuses, stock options, expense allowances, auto allowances, club memberships, entertainment, sports events, or other compensation.

article thumbnail

In Wake of Coronavirus, Takeovers (And Liabilities) Loom

PYMNTS

We’re referring to transport, of course – and tourism , sporting events and one-off gatherings that are now shuttering. One standout: Operating leases – tied to the real estate that is owned or is integral to a company’s daily activities – could be written down. The impact is not confined to China.

article thumbnail

13 Non-deductible Expenses and Other FAQs for Tax Time

inDinero Tax Tips

As part of the Home Office Deduction, for instance, a portion of real estate taxes can be deducted. This goes for concert tickets, sporting events, or other forms of entertainment for clients. Federal Taxes This may seem obvious, but you can’t deduct your federal tax payments as business expenses.

Tax 95
article thumbnail

Friday Footnotes: Accountant Shortage Ramps Up Work Pressure; Celebrities’ Trusted CPAs; ERC Reverse Card | 12.8.23

Going Concern

companies while hindering recruitment and retention, according to 78% of audit partners surveyed by the Center for Audit Quality. The CAQ surveyed 748 audit partners at eight of the largest accounting firms about conditions for their clients. Cohen & Co., McKonly & Asbury ] The merger will be effective January 1, 2024.

cpas 98