Commitments and Contingencies

Financial statements provide a picture, a snapshot, of the state of your organization at one point in time – generally your fiscal year end – and how well you managed your funds over that fiscal year.

Preparing for an Audit: Are You Ready?

From a business perspective, an audit can be seen as disruptive to the day-to-day operations. The delay in operations caused by an audit can be compounded if you’re not ready for your auditor.

QuickBooks Data Scam

It has come to our attention via the North Carolina CPA Board that a new potential method to defraud business owners of
valuable information is making its way around the country. The new method involves users of QuickBooks receiving a phone call from a “QuickBooks Support Tech” that was unsolicited. The “technician” then tries to obtain access to the company file to steal any potential data they might find valuable, including: bank account information, employee personal data, customer personal
data, etc.