Category: Assurance

According to the U.S. Chamber of Commerce, there are currently more than 33 million small businesses in the United States. To succeed in today’s competitive markets, it’s critical for your

When you hear the word “audit,” you may think of financial reporting or the IRS. However, auditing warehouse operations can be helpful for some businesses, such as manufacturers, distributors, and

Implementing effective expense reporting best practices is essential for maintaining financial health and profitability in any business. By closely monitoring employee expenditures, companies can track spending, control costs, and ensure

Many organizations struggle with the procurement process, whether they are hiring contractors, buying equipment, or paying vendors. Implementing a structured approval process for purchase orders (POs) can significantly streamline operations.

The key to an organization’s success is reliable, audited financials. Here’s why your organization should consider investing in audited financial statements. Weighing The Differences Most organizations maintain an in-house accounting

Four antifraud controls are associated with at least a 50% reduction in both fraud loss and duration, according to “Occupational Fraud 2024: A Report to the Nations” published by the

Accurate bookkeeping is critical to successfully operating a small business. The problems created by inadequate bookkeeping practices can have significant, long-lasting consequences. Here are four common bookkeeping pitfalls — and

Audit committees act as gatekeepers over the accounting and financial reporting processes, including the effectiveness of the organization’s control environment. However, as the regulatory landscape becomes increasingly complex and organizations

Midyear checkups on financial reporting is an essential aspect to maintaining organizational success. When reviewing midyear financial reports, however, you should recognize their limitations. Without CPA preparation or agree-upon procedures

While many organizations prioritize increasing product and service sales to boost profit growth, focusing on sales volume alone doesn’t necessarily increase profits. In fact, pushing more sales through an inflated