Tag Archives: business

  • Local Vs Global Brand Article by SDCCPA

    Local Versus Global Brand for Auditing Firms

    On March 8, 2017, the Wall Street Journal published an article about KPMG being under fire for scandals in the U.S., South Africa, and the U.K. Although KPMG does face trouble on three fronts, the scandals involve three legally separate firms: KPMG, LLP, a New York-based U.S. partnership, is dealing with the indictment of former […]

  • Scientia Potentia Est Article by SDCCPA

    Scientia Potentia Est (Knowledge is Power)

    The 2018 Global Study on Occupational Fraud and Abuse is hot off the press – and it’s an important resource for anyone interested in occupational fraud. The report includes valuable information on how fraud is committed, how it’s detected, who commits it, and how organizations can protect themselves. Compiled by the Association of Certified Fraud […]

  • Contacting the Police Article by SDCCPA

    Contacting the Police

    A recent study by the University of Cincinnati found 64% of small businesses surveyed to have experienced employee theft. The study surveyed 314 small business owners in Cincinnati in a range of industries: finance and banking, manufacturing, service, and restaurant and retail. Despite the high number of incidences of employee theft, only 16% of those […]

  • SDC CPA Hot Topics

    Monster Tires are Hot

    The auto parts industry has historically experienced one of the highest frequency rates of employee theft. Why? It’s easy. Auto parts are easily stolen and sold for cash. eBay and PayPal have made it simple to obtain a larger distribution market for the employee to sell the stolen auto parts. Recently, in 2014 and 2015, […]