Embracing An Analytics-Based Approach To Auditing
Audit data analytics is going through an exciting time. There’s a lot of growth and a lot of new tools being offered. The movement recently towards updating the audit evidence standards is going to really open the floodgates for audit data analytics. Audit analytics gives practitioners the ability to examine an entire dataset rather than […]
Owners And Managers Can Prevent Fraud
Employee theft happens often enough for every business to be aware of. Whether your business is a one-employee medical office or a forty-employee retail outlet, owners should be on alert to the signs of embezzlement and fraud. Absentee business owners should be even more alert to the problem of employee theft. Busy managers find it […]
Which Type Of Mid – Small Business Owner Are You?
Small-business owners are often passionate about what they do and take great pride in the value or service their business offers. It’s likely they work long hours and spend ample mental time thinking about operations, employee retention, customer acquisition, human resources, and reducing liability. They often shed blood, sweat, and tears for their baby, especially […]
Impact of S corp. verification in M&A transactions
The merger-and-acquisition market for private companies has been very active. The activity should remain high as aging Baby Boomers look to retirement, many of them business owners for whom selling a closely held business is a key part of their financial plan. A great majority of private businesses are structured as S corporations, which are […]