Going Concern

OCTOBER 30, 2024

This is particularly troubling given that BDO serves as the independent auditor of many public and private companies. in expenses reimbursement, expenses BDO says are improper. Phan was improperly pressured to recognize Credits as revenue to artificially boost revenue numbers. ” He also says BDO owes him $8,127.77

Healthcare 80

Healthcare Expense Reimbursements income tax Virginia 80

Airbase

JANUARY 11, 2023

In fact, the Wall Street Journal reports that more than 300,000 accountants and auditors quit over the last two years, and the effects of those losses can be significant. Is your finance team getting the love and attention they deserve? Typically overworked and underappreciated, finance teams are a serious flight risk.

Technology 130

Technology Spend Management Platform accounting and finance Expense Reimbursements 130

Withum

NOVEMBER 3, 2022

At the same time, at the advice of its consultant, management also changed the firm’s auditor. Sherry properly reviewed and approved employee expense reimbursements and paid them timely and accurately through payroll. Then Sherry took several of those same receipts as support for her own expense report.

Employee Expense Reimbursement 52

Employee Expense Reimbursement Expense Reimbursements Employee Reimbursement Software cpas 52

Basis 365

JUNE 15, 2023

Expense Reimbursement Fraud: Submitting false expense reports for personal expenses. Consider engaging external auditors to review and validate your financial processes. Billing Schemes: Creating false invoices or altering legitimate ones for personal benefit.

bookkeeping 52

bookkeeping Employee Expense Reimbursement Expense Reimbursements auditor 52

PYMNTS

MARCH 13, 2017

The Securities and Exchange Commission announced Friday (March 11) that it has lodged charges against two ex-executives at a credit card processing company for masterminding a scheme to steal millions of dollars through fake expense reimbursements, invoices that were inflated and other improper accounting tactics.

Expense Reimbursements 40

Expense Reimbursements auditor New York California 40

Withum

DECEMBER 7, 2023

Forensic accountants are typically called upon to assess a specific matter brought up by company stakeholders when they want a deeper dive into certain accounts or transactions, like an analysis of expense reimbursements, for example.

forensic accounting 52

forensic accounting Hospitality Account accountant 52