The International Consortium of Investigative Journalists published a sampling of its findings from leaked documents hacked from Mossack Fonseca, a law firm in Panama. Financial documents show that those with power and privilege are among the regular clientele served by the firm's offshore services. Here are...
Tag Archives: account reconciliation
When it comes to reporting fraudulent activity, do you know what to do if you suspect fraud in your organization? Would you blow the whistle? According to a recent study conducted by CUNY-Baruch College’s Heemin Lee, companies that have been exposed to whistleblower laws are less...Read more
Thought you were having a bad day, even week, not after this post! The SEC (Securities and Exchange Commission) last week suspended an accountant for conducting a faulty audit of the financial statements of a public company that was committing fraud. The accountant agreed to pay a $25,000 penalty in addition to being permanently suspended from...Read more
A demonstration of fictional IRS auditor Harold Crick’s fixation on precision and efficiency. While accountants, auditors, actuaries, and others of similar professions are rarely portrayed as more than number-crunching robots, the few movies and television shows that stray from this stereotype may actually have the right idea. Those who view accounting as a dry profession should...Read more
Legendary artist, Prince, was an introvert who stood out. He courageously accepted himself for who he was and expressed himself fully within a society that champions gregarious outgoing types. He is inspirational to introverts within the modern work world of meetings, events, luncheons and networking. Introverts retreat...Read more