SMBAccountant

DECEMBER 21, 2022

There are different types of accountants which specialize in different areas. Auditors provide opinions on the accuracy and reasonableness of financial statements. Forensic accountants research financial transactions to uncover fraud.

bookkeeping 130

bookkeeping managerial accounting Account accountant 130

CPA Practice

JANUARY 23, 2023

Many experts predict that the years ahead will be fueled by financial fraud investigations and a heightened emphasis on the ability to conduct due diligence and ensure clear financial insights. As accounting firms begin 2023 they have one thing top of mind — how to effectively recruit and retain talent.

audit 124

audit auditor forensic accounting Technology 124

FraudFiles

MAY 16, 2022

The growth in forensic accounting and fraud investigation specialties has led accounting firms of all sizes to expand their practices to these areas. Is it as easy as it sounds to add forensic accounting to your firm’s competencies? It is a simple decision to start providing accounting services.

forensic accounting 52

forensic accounting audit auditor Account 52

FraudFiles

AUGUST 31, 2022

Many of the administrative parts of a forensic accounting or fraud investigation project are similar to those in a traditional auditing assignment. Traditional financial statement audits, however, are relatively similar from year to year unless a company has had a significant change in operations.

audit 52

audit forensic accounting auditor financial statements 52

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. Arguing about who and what to blame does not help the company combat an aggressive auditor. Small gaps in documentation should not be an issue for an auditor, who will look for “substantial compliance.”

audit 52

audit Tax forensic accounting auditor 52

ThomsonReuters

JANUARY 18, 2024

In general, an accountant’s job description includes common accounting tasks such as: Performing risk analysis evaluations. Recording expenses and preparing financial reports. Working with external auditors. Accountant vs. CPA vs. tax preparer: What are the differences? Recording disbursements and payments.

Account 59

Account accountant accounted tax preparation 59

FraudFiles

SEPTEMBER 20, 2021

Simply because there is a fraud, a business failure, or a pyramid scheme collapse, the auditors are not necessarily at fault. The auditors may have carried out their professional responsibilities exactly as they should have, but they still did not uncover the fraud. How does a fraud go undetected by auditors?

auditor 52

auditor audit bookkeeping forensic accounting 52