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U.S. GAAP and IFRS – Convergence or Divergence?

In 2002 the FASB and the IASB signed an agreement or a...

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Common Mistakes Companies Make When Reporting Fore

U.S. businesses (large and small organizations) continue to...

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Understanding the U.S. Standards for Group Audits:

The AICPA issued a new auditing standard, AU-C Section 600,...

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A CPA’s (Inventory Observation) Christmas Carol

Twas the night before New Year’s, and all through the...

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How to Protect Against Ghost Employee Fraud

If someone were to ask you “How many employees are at your...

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Differences Between EBITDA and Operating Cash Flow

EBITDA is often used and confused as an approximation of...

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Please…Make the Auditing Stop!

Oh what a wonderful time of year. There’s snow on the...

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One Easy Way to Increase Your Revenue by 5%

If someone asked you to come up with an example of fraud,...

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