ACCOUNTING ARTICLES

The accounting industry is always evolving amid complex rules and regulations. These articles feature timely updates on a variety of accounting topics.

Stop Receivables Fraud Before It Starts

From invoices and payments to discounts and write-offs, many business transactions are recorded to accounts receivable. This makes receivables a popular fraud target,...

January 31

All businesses: Give annual information statements (IRS Forms 1099) to recipients of certain payments you made during 2018. Payments that are covered include:...

How Do Profits & Cash Flow Differ?

Business owners sometimes mistakenly equate profits with cash flow. Here is how this can lead to surprises when managing day-to-day operations and why...

Source: carinsurance.com

For full coverage ($100,000 for bodily injury/$300,000 per accident/$100,000 property damage, with a $500 deductible), 20-year-olds pay an average of $3,214 a year...

How Experts Use Tax Returns to Find Hidden Assets

Business owners engaged in fraudulent activities often try to manipulate their companies’ financial statements. Fortunately for fraud experts, business owners’ tax returns are...