More Audit Articles

Audit

Recognizing Vendor Fraud

Vendor fraud covers a broad spectrum of schemes. To catch the perpetrators and limit financial damage, attorneys and their clients need to understand how vendor fraud perpetrators operate and when to consult a fraud expert. Basic Schemes Vendor fraud schemes can be divided into two...

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Audit

Public Companies Get Unexpected Surprise During Audits Of Their Tax Provisions

Word on the street is that CFOs and corporate controllers have been commenting that their external auditors are requesting more documents and details than usual on every aspect of financial reporting, including the area of accounting for income taxes. These new and unanticipated demands are...

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Audit

Before The Measurement Of Lost Profits: Investigating The Business And The Market To “Isolate” The Source Of A Decline

Businesses operate within the confines of a market and industry where the historical financial performance is affected by both internal and external factors and disruptions. General economic conditions, shocks to a specific industry or a locality, changes in the structure of the demand for the...

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