Most employers never would expect that a trusted employee might commit fraud, yet every year numerous businesses are forced into bankruptcy due to fraud. Even when it isn’t that extreme, the Association of Certified Fraud Examiners’ 2014 Global Fraud Study revealed that the typical organization loses a median of 5% of revenues each year due to fraud. Employers can utilize the “fraud triangle” to monitor and identify factors in the lives of key personnel that can lead to fraud. The fraud triangle is … (read full article)
Forensic accountants are specialists that integrate accounting, auditing and investigation – all in one. The merging of all these skills under the forensic hat means that the results are suitable for the courts for discussion, debate and dispute resolution. Read this article to learn when you need to consider a forensic accountant.
The Orange County Business Journal sought input from top local accounting firms to share their thoughts on the new lease accounting requirements enacted by the Financial Accounting Standards Board. Debbie Dickson gave her advice, including how the new FASB standard will impact banking relationships. Read the full article.