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  • Scratch & Scam: Lottery Losses Article by SDCCPA

    Scratch & Scam: Lottery Losses

    At today’s convenience stores and gas stops, customers can fuel their cars, pick up a quick snack or cup of coffee, and take a chance at winning millions. Convenience stores and gas stops make a steady income from the sale of lottery tickets and online lottery sales. The lottery sales are also a draw to […]

  • SDCCPA Hot Topics

    Put Yourself First

    Running a small business isn’t easy. Small business owners are plagued by concerns: from keeping the business flowing and growing to making customers happy to handling incoming and outgoing expenses to finding, keeping and paying good employees. Many small business owners lie awake at night worrying about how much is in the business bank account. […]

  • SDC CPA Hot Topics

    Strengths and Weaknesses of P-Cards vs. Credit Cards

    P-Cards offer certain conveniences organizations find appealing. However, the ease of use goes hand in hand with the ease of abuse. End-user organizations should weigh the balance of the potential benefits and pitfalls of P-Card use in order to detect, mitigate and prevent their abuse. The Good 1. Cost Savings The traditional procure-to-pay process is costly, often […]

  • SDC CPA Hot Topics

    P-Cards: So Easy to use, So Easy to Abuse

    Many companies consider P-Cards (Purchasing Cards) to be efficient for purchasing goods from vendors. P-Cards, also dubbed Procurement Cards (ProCards), Payment Cards or Purchase Cards, are essentially charge cards, similar to consumer credit cards. With the increased use of P-Cards in the corporate, educational and government sectors, in order to choose the P-Card best for the organization. The Basics […]

  • SDC CPA Hot Topics

    Bridging Cultural Gaps

    As the number of Asian policy holders increases, it is important to understand the cultural differences when handling claims involving Asian policy holders. These differences should be taken into account during conference calls and when conversing by email. Lack of cultural sensitivity can lead to misunderstandings and less efficient business dealings. Tips to Remember English […]

  • Keeping Hackers Out

    Cyber Liability & Prevention In April 2011, Sony’s online gaming network was hacked, compromising the personal and credit card information of 77 million users. The network outage lasted 23 days and cost Sony $171 million. A class action suit has charged Sony with negligent data security, unauthorized storage and retention of data, and failure to […]

  • Preventing Fraud

    Business owners are becoming increasingly aware of numerous schemes they and their employees need to avoid. Cyber fraud lurks in many different forms, including, but not limited to: Auction Fraud Investment Fraud Counterfeit Cashier’s Check Lotteries Credit Card Fraud Nigerian Letter or “419” Debt Elimination Phishing/Spoofing Parcel Courier Email Scheme Ponzi/Pyramid Employment/Business Opportunities Reshipping Escrow […]