Posted on Wednesday, August 22, 2018 by Sean Saari, CPA/ABV, CVA, MBA
Business longevity is creating a business that can survive a change in ownership and/or management and thrive for many years. Preparing your company for longevity maximizes the likelihood of a successful exit in terms of price and overall outcome.
Posted on Sunday, July 22, 2018 by Frank Suponcic, CPA, CFE, CFF
Fictitious vendor fraud is a rather common scheme. Unfortunately, it is more difficult to detect than just a quick scan of the payees or the check amounts. Spending a little time implementing a thorough vendor setup program is a great first step in preventing fictitious payment fraud.
Posted on Tuesday, July 17, 2018 by Frank Suponcic, CPA, CFE, CFF
Every successful organization follows the actions of its leadership. What happens when others in the business see unethical behavior—what are they to think? It’s a simple case of “monkey see, monkey do.” It is not uncommon for an employee to emulate what they see, and that extends to corporate behavior.
Posted on Tuesday, July 17, 2018 by Gabbi Huffman
Poor internal controls provide employees the opportunity to steal at the expense of your business. How much are you willing to lose as a result of an embezzlement?
Posted on Monday, March 19, 2018 by Howard Klein, CPA, CFE, CIRA, CVA
The first step in discouraging employee theft is establishing a proper “tone at the top” in regard to ethical behavior. Next, consider implementing the following proactive steps to deter employee theft at your company before it becomes a problem.
Posted on Tuesday, March 13, 2018 by Chris Coyle, CPA/ABV, CVA
Owners are often laser-focused on the day-to-day operation of their businesses, and unintentionally pay less attention to big picture items that can help trigger material increases in the value of the company. If your long-term objective is to enhance the value of your business, it may be helpful to consult a valuation analyst to shed light on what it takes to accomplish that goal.
Posted on Saturday, February 24, 2018 by Sean Saari, CPA/ABV, CVA, MBA
It’s a common myth that spouses always divide their assets evenly between them if they get divorced. While it’s true that assets are typically divided between a couple in cases of marital dissolution, such division of property may not necessarily be equal.
Posted on Tuesday, February 20, 2018 by Frank Suponcic, CPA, CFE, CFF
Of all the fraud prevention tools and techniques available to companies, my personal favorite is the fraud risk assessment. It is not the most cost-effective tactic, but it will yield the greatest results.