March 2021

Monthly Archives

  • The Continuing Challenges of Forensic Accounting during COVID-19

    Economic hardship such as layoffs, market losses, and economic uncertainty often correlate to increased occurrences of employee theft, in turn increasing business for forensic accounting firms. This trend has partially held true for the economic challenges caused by COVID-19. While fraud cases have spiked, a number of obstacles threaten to change the landscape of forensic […]

  • How Accounting Firms Can Give Back to their Communities

    Many CPAs and accounting firms rely on maintaining strong relationships with their communities to keep a high profile and good reputation. These community connections take time, effort, and commitment to be of mutual benefit to the firm and the community. Accounting firms have opportunities to share not only time and money, but expertise. The following […]

  • Women Leaders Shaping the Field of Accountancy

    Leadership in accounting firms, executive committees, and accounting organizations has grown increasingly diverse. Particularly, the last decade has seen a number of influential women take on high-profile leadership positions in the field of accounting. These women have used their influence and power to advocate for diversity in the profession and remove barriers to inclusion. Kimberly […]

  • Three Historic Trailblazing Women in Accounting

    In the year 2020, approximately 42% of the United States’ CPAs are women and nearly 62% of all accountants and auditors in the United States are women. As the profession moves toward a more equal gender distribution, it is important to celebrate the pioneering women who have made it possible for women to achieve success […]

  • Should Businesses Allow Pets in the Office?

    The pet-friendly office has been a recent HR trend meant to improve morale and decrease stress. According to Accountancy Daily, 23% of accounting firms in the UK allow pets in the office. With some heralding the pet-friendly office as the way of the future, and others expressing concern and disdain, many firms are carefully weighing […]

  • The Necessity of 401(k) Cyber Theft Prevention

    Approximately 1 in 20 Americans have been affected by identity fraud. According to the Javelin 2020 Identity Fraud Report, approximately 13 million Americans every year face some form of identity fraud, including credit card fraud, account takeovers, and government benefits fraud. While many individuals and organizations have become accustomed to the risk of identity fraud, […]

  • Forensic Accounting and the Downfall of Al Capone

    Al Capone was the infamous head of Chicago’s organized crime during the Prohibition Era. Capone and his gang practically ran the city with their bootlegging, gambling rings, prostitution, speakeasies, and propensity for killing off the competition. Their criminal ventures amounted to an estimated $100 million per year. Despite his infamy and flouting of the law, […]