As the profession of accounting becomes increasingly diverse and benefits from that variety of perspectives, it is important to recognize the individuals who paved the way for inclusion. Mary T. Washington Wylie is not only known for becoming the first African American female CPA, but for her dedication to training future generations of African American […]
Diversity is one of the most important aspects of any excellent organization. Well-rounded, long-term diversity training may be a catalyst for improvements in the workplace. Employees in a positive, inclusive workplace are often more engaged and maintain better morale than those in less diverse, less inclusive organizations. With this in mind, SDC CPAs has been […]
As the internet has made the world grow increasingly connected, distance is no longer the main barrier in cross-cultural communications. Now, in today’s world community, differing customs and language can be considered the main obstacles to international business. Posed with the challenge of expanding to new audiences and finding new clients, businesses can thrive by […]
In 2016, the Centers for Disease Control and Prevention declared elder abuse a public health concern, citing a significant increase in cases of elder abuse and a report detailing the ways in which the many forms of elder abuse correlate with early, untimely death. Financial elder abuse, in particular, can lead to neglect and cause […]
Scammers are out in force during the holiday surge of online shopping. This year’s holiday scams may be more sophisticated and widespread than ever before. SDC CPAs (formerly Studler, Doyle & Co.) has compiled a list to help prepare for the holiday season’s minefield of scams. Online Shopping Phishing While email phishing is certainly no […]
As of the year 2020, approximately 42% of the CPAs in the United States are women. As the profession moves toward a more equal gender distribution, it is important to consider the long history of pioneering women in accounting. In the 1950s, there were approximately 600 female CPAs. Approximately sixty years before that came the […]
Recently, with many schools operating remotely, administrators have been bombarded with highly targeted, extremely effective email phishing attacks. Recent attacks have indicated scammers are adapting their methodology to take advantage of vulnerabilities specific to the education sector. Strained by changing circumstances, schools are especially at risk of falling victim to these sophisticated scams. Despite the […]
With the unexpected and unprecedented challenges of 2020, businesses and organizations have had little time to adjust to the changing circumstances. Significant increases in rates of fraud and employee theft have staggered businesses caught in transitional periods. Going into 2021, businesses should have an idea of upcoming risks and how to mitigate them. Based on […]
Profiles of Women in Accounting: Mary Harris Smith In 2019, Fiona Wilkinson, the first female president of the Institute of Chartered Accountants in England and Wales (ICAEW), announced she would work to honor the world’s first female chartered accountant. In May 2020, one hundred years after Mary Harris Smith became the first female fellow of […]
By Ronald Mund, JD, MBA Examinations under oath (EUO) and depositions each have a distinct and important role in the claims process. Understanding these proceedings can help individuals and businesses alike navigate the claims process. Examinations Under Oath An examination under oath is a proceeding in which an insurance company representative questions a policyholder while […]
November 15-21 marks International Fraud Awareness Week 2020. International Fraud Awareness Week has been an annual campaign led by the Association of Certified Fraud Examiners (ACFE) since the first Fraud Week in 2000. While International Fraud Awareness Week is entirely digital this year, the ACFE still provides valuable resources for businesses to identify and prevent […]
Social engineering is a form of fraud that relies on exploiting vulnerabilities in human decision-making. Rather than hacking or otherwise directly stealing, scammers who use social engineering manipulate individuals into transferring money or divulging company secrets. Between October 2013 and May 2018, these scams led to a reported 40,000 domestic U.S. victims and a $2.9 billion […]
Recent Comments