Blog Archives

How to handle an audit

I come from a school of thought that says everybody’s busy and everybody wants to do a good job. This includes auditors. what an auditor is thinking about looking at your business, what they’re looking for are clues to a

Posted in Auditing

Here’s why good accounting makes good sense

This article was written by an acquaintance of mine who also wrote on of my favorite books, The reckoning. http://www.politico.com/agenda/story/2015/07/greece-owes-less-than-europe-says-000132 In the article, it is proposed that Greece, an entire country about to file bankruptcy, is going to do so

Posted in Auditing, professional bookkeeping, The real numbers

thoroughness and accuracy versus cost

whenever I work with the client, it’s essential to find out whether it is a thorough and accurate job they are looking for, or whatever can be done for a certain price. Obviously the more thorough and accurate I have

Posted in Auditing, Getting caught up, professional bookkeeping

what is year end bookkeeping?

well, year-end bookkeeping can mean a lot of different things. In one sense, year-end isn’t any different than month-end, because it always comes at the end of the month. So you still need to reconcile your bank statements, and if

Posted in Auditing, professional bookkeeping

This is not a duplicate, yet another embezzling bookkeeper

http://www.thehour.com/news/norwalk/suspect-in-theft-from-plastic-surgeon-has-previous-embezzlement-conviction/article_ebbec393-06df-5a5c-922d-eda30ddc5ca7.html The worst thing about this to me is that she was in the position to steal after being convicted on embezzlement previously.  Background checks can be done online for $30.00.  Instead, it cost $200,000 to find out she was

Posted in Auditing

Another Embezzling Bookkeeper uncovered

http://www.seattlepi.com/news/crime/article/Shreveport-bookkeeper-jailed-on-theft-charge-5936037.php   SHREVEPORT, La. (AP) — A bookkeeper for a Shreveport company is free after posting bond following her arrest for theft. Deputies say she pocketed $57,000 in unauthorized payments from the business for more than a year. Deputies say 44-year-old Stacy S.

Posted in Auditing, Dumb mistakes, Employees

What is integrity when it comes to finance?

It’s common for people to believe that integrity means honesty. But integrity can be used in a lot of different ways. Even steel, the metal, has integrity. If you stretch it until it gets out of shape, you have changed

Posted in Auditing

Why You Need a Forensic Bookkeeper

Why Every Attorney Needs a Bookkeeper In the practice of law, it’s extremely common to need to calculate things of a financial nature. Whether you are a personal injury attorney calculating loss of wages, or trying to total up the

Posted in Auditing