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January 2021

Trailblazers in Accounting: John Cromwell Jr.

January 9, 2021 by Kerry Sapet

With more than 5,000 African American CPAs in the United States today, the profession has made remarkable progress in the last 50 years, especially compared to the early years of the CPA designation. This progress was made possible by the dedication and tenacity of many pioneers in the field of accounting—one of the earliest of...

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The Fiery History of Business Income Loss Protection

January 9, 2021 by Kerry Sapet

As businesses struggle with the difficulties of an isolated workforce and changing consumer needs during the COVID-19 pandemic, income loss has threatened to make business closures and cutbacks permanent. Across the insurance industry, loss of business income claims have surged and forensic accounting firms, such as SDC CPAs, are tasked with investigating and verifying these...

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Identifying and Understanding Kickback Schemes

January 3, 2021 by Kerry Sapet

In September of 2020, a high ranking official of the Houston Independent School District was accused of participating in a cash kickback scheme. Allegedly, the official worked with a landscaping contractor to approve and pay for phony proposals from the contractor. The jobs for which the contractor was paid were done, at times, by school...

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Recognizing Diversity and Inclusion in the Fidelity Bond Industry

January 2, 2021 by Kerry Sapet

The Fidelity Law Association (FLA) has long provided members of the fidelity bond industry with education and resources for pursuing fair claim handling. Through their annual journal and conference, the FLA can reach a wide range of professionals and set industry trends. Efforts to advance equality and fairness make influential organizations’ commitment to diversity and...

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Tips for Eliminating Bias in the Workplace

January 2, 2021 by Kerry Sapet

Bias in the workplace can be deeply harmful for any organization. Between turning away talented employees, hurting diversity, and lowering morale, bias can prevent organizations from achieving their goals and reaching their full potential.

Unconscious bias is one of the most damaging forms of bias, yet can be the hardest to address. Based on diversity...

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