by Breoncpa | Sep 10, 2019 | Accounting
The short definition of fraud is theft by deception. Someone misrepresented pertinent facts, orally as an assurance or within the four corners of a contract, so that the other party to the deal got something other than what he bargained for. Blatant fraud could draw...
by Breoncpa | Sep 5, 2019 | Accounting
Businesses generally engage accountants to report on past performance. You want a record, that is a history, of how your company has performed. This gives you a fairly clear picture of your strengths and weaknesses, so you can make adjustments going forward. But there...
by Breoncpa | Sep 3, 2019 | Accounting
Small business owners and CEOs must make a variety of decisions about how to allocate company resources. If you’re in charge, one area where you really have to perform the cost-benefit analysis is with the choice of buying or leasing business equipment. It’s tempting...
by Breoncpa | Aug 29, 2019 | Accounting
The recent hacking of Capital One by a disgruntled former employee sent shockwaves through the finance sector as an estimated 100 million credit card applicants had their personally identifying information exposed. The incident has hurt Capital One’s reputation as a...
by Breoncpa | Aug 15, 2019 | Accounting
Cyber security is a major issue for any business that keeps digital records of customer and employee data. If a hacker worms his way into your system and pilfers your data, you’re in for more than embarrassment. Victims of the breach can sue you for negligence....
