Fraud
The author presents his ideas, based on observations in a long and distinguished career, about the changes necessary for auditors to meet the public’s expectations in fraud detection and prevention.
Litigation Issues / Practice Management
Every firm risks having departing employees take clients of the firm away with them. This article explains reasons for using a noncompete agreement, key issues to consider when adopting or revising one, some common damage provisions and what a firm can do to obtain an enforceable noncompete contract.
Insurance Issues
After more than a year of delay, the Treasury Department issued final regulations for all split-dollar arrangements entered into or materially modified after September 17, 2003. What the regulations do and do not say can have significant consequences for executives who have this benefit.
Technology Workshop
Even well-structured spreadsheets can mask a host of input errors, formula mistakes and other problems. There are techniques, with the help of Excel tools, to find the slips so you can correct them.
Compliance / Sarbanes-Oxley / Technology
New federal regulations require public companies to assess the effectiveness of their internal control structure and financial reporting procedures. Complex software is essential to such analysis. Here’s how to determine what kind is needed and how it should link to—or replace—a company’s existing systems.
Financial Reporting
As states pay closer attention to unclaimed property issues, CPAs need to help companies comply with applicable laws and properly reflect these funds on their financial statements. This article explains how.
Professional Issues / Sarbanes-Oxley
Ten accounting professionals from corporate management, public practice, NASBA and the AICPA offer their opinions on what impact the Sarbanes-Oxley Act of 2002 will have on the business environment.