Auditing

 How Accounting Firms Can Protect Against Identity Theft

January 28, 2014 

How Accounting Firms Can Protect Against Identity Theft

In the wake of the recent identity theft of some 40 million accounts from retail merchant Target, and the potential for massive theft from the health care exchanges set up under the Patient Protection and Affordable Care Act (ACA), consumers are again left bewildered -- and looking for someone to take the lead in crafting…

Dave McClure

 Homeowners Being Duped by “Securitization Audits,” According to Fraud Examiners

January 16, 2014 

Homeowners Being Duped by “Securitization Audits,” According to Fraud Examiners

A new foreclosure rescue scam promises to help distressed homeowners keep their homes through the use of a "securitization audit." "The only problem, according to investigative firm Mortgage Fraud Examiners: These "hucksters" are charging fees for information that's free to anyone for the asking, and knowing who owns the note won't save anyone's home."

 Forensic Audit Discovers Theft of $850,000 From Nursing Home

January 8, 2014 

Forensic Audit Discovers Theft of $850,000 From Nursing Home

An administrative secretary and bookkeeper was charged with six felony counts Tuesday after she allegedly stole more than $850,000 over a 10-year period from a New Glarus, Wisconsin, rehabilitation and nursing home where she was employed.

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January 7, 2014 

E-Signatures – The New Normal

Business as usual, well, just is not usual anymore. With mobility at our fingertips, we are no longer tethered to a hardwired environment and the now-standard workplace stretches beyond an office or cubical. Let us not forget that you can forget working 9 to 5.

 What is IaaS (Infrastructure as a Service)?

December 30, 2013 

What is IaaS (Infrastructure as a Service)?

As more and more firms consider moving to the cloud, the various flavors of cloud become a focal point of their diligence. We get a fair amount of questions about IaaS, (a.k.a. Infrastructure as a Service) and what specifically sets it apart from the other options available today. See Wikipedia’s definition of Cloud for more…

Trey James

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December 11, 2013 

PCAOB Scrutinizes Engagement Quality Reviews

The Public Company Accounting Oversight Board (PCAOB) has released a report that provides information about registered audit firms' implementation and compliance with Auditing Standard No. 7, Engagement Quality Review.