Posts Tagged ‘Accountant’
Making Our Mark in Miami
Ellrich, Neal, Smith & Stohlman, P.A. opened our Miami office last summer and we are proud to announce that over the last year we have truly established ourselves in Florida’s most thriving city. Located in the heart of downtown Miami, our forensic accounting firm serves clientele from all walks of life. With Miami’s eclectic population,…
Read MoreFAU Launches Florida’s First Center for Forensic Accounting
It’s no secret that forensic accounting has become one of the fastest growing careers over the last several years. As an industry, forensic accounting has seen a burst due to a number of critical elements, underlining the fact that this increase in demand does not seem to be slowing down any time soon. A variety…
Read MoreThe Importance of Ethics in Accounting
Ethical issues surround almost every aspect of accounting, forensic accounting, and valuation engagement. The American Institute of Certified Public Accountants (AICPA) plays a critical role in outlining the rule-making and standard-setting for which all CPAs must adhere to. In doing so, AICPA commits to serving the public interest through a strict code of professional ethics.…
Read MoreTop 13 Reasons You Need a Forensic Accountant
Forensic accountants are required to maintain a specialized skill set of auditing expertise, education, and training. Combining accounting and analytical talents with financial proficiency and a strong moral compass, a forensic accountant plays a critical role in both litigation support and investigations. First and foremost, a forensic accountant must maintain relevant credentials. Through academic measures…
Read MoreA New Growth in the Forensic Accounting Industry
The accounting industry as a whole must continually evolve and progress in order to keep up with the changing demands and needs of the individuals and businesses in which they serve. Relatively speaking, forensic accounting is a fairly new profession. As society, the economy, technology, and relevant legislation shifts, forensic accounting must mold to address…
Read MoreFactors in Choosing an Accounting Firm for Your Business
Choosing the right accounting firm can make or break an organization. For small businesses, using accounting software like QuickBooks or Quicken may seem like the logical solution. However, as public and private companies expand, the need for the right accountant or accounting firm becomes indispensable. While every company’s needs are different, far too many organizations…
Read MoreFraud Prevention and Your Business
Fraud is defined as “any intentional act or omission designed to deceive others, resulting in the victim suffering a loss and/or the perpetrator achieving a gain”, based on a report from the Association of Certified Fraud Examiners (ACFE) entitled Managing the Business Risk of Fraud: A Practical Guide. Every organization, regardless of size, is subject…
Read More2017 Tax Filing Season Due Dates
There are several important tax return due date changes to note for 2016 tax returns prepared during the 2017 filing season. These changes were part of the Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 and the Protecting Americans From Tax Hikes Act. Effective January 1, 2017, applicable to 2016 tax returns…
Read MoreGetting Ready for Tax Season
As the clock strikes midnight, Americans celebrate and scream “Happy New Year!”, but many of those same people wake up the next morning with the realization that January 1st means tax season is rapidly approaching. Tax filing season officially starts on January 23rd, and while there is ample time before the April 18th deadline, early…
Read MoreThe Increasing Role of the Expert Witness
Testifying in a court case as an expert witness is often critical to the outcome of a lawsuit. Forensic accountants are typically called upon to utilize their accounting, investigative, economic, statistical, and research techniques and then apply them to a legal problem. Digging into a case to analyze, audit, and investigate helps to assess the…
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