6 Reasons to Outsource Your Company’s Accounting Functions

Even though we are a CPA firm, we still recognize no matter how incredibly important accounting is in ANY organization, it is time-consuming and gets in the way of the “fun stuff”, that is – revenue generating business functions. This in the main reason we’ve seen the increased trend of outsourcing these functions to outside CPA firms. But how do you know whether outsourcing the accounting function makes sense for…

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Small Business Fraud – The Trusted Employee

Small businesses have it rough. They’re particularly vulnerable to fraud because they lack the resources to implement complete systems of internal controls and properly segregate accounting duties among their limited staffs. The following is a scenario seen all too often… Bob and his brother, Bill, owners and operators of Acme Tractor for 30 years, were close to retirement. A local bank had continually financed Acme, which had an inventory of…

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