Policies and Procedures, Internal Fraud, Board Service, IPOs & More

Are Your Organization’s Current Policies and Procedures Leaving You Open to Unnecessary Risk?

What are Policies and Procedures? Policies and procedures are a set of documents that describe an organization's internal accounting policies and outline the procedures necessary to adhere to those policies. Policies and procedures ensure that an...

Guest Article: The Dishonest “Trusted Bookkeeper” Part 1: Signs of Internal Fraud

Michael S. Brown, Director in Marcum LLP’s Advisory Services Group’s New York office, notes how to spot signs of internal fraud. Introduction In turbulent financial times, the tendency for honest employees to stray into fraudulent activities grows....

Questions to Ask Yourself When Considering Board Service

Questions to Ask Yourself When Considering Board Service Laura Willis, a member of AMS’ New York Nonprofit Practice, was recently asked to join the board of a small nonprofit organization. In this issue of the AMS Report, she shares her experience...

Current State of the IPO Market

This week is expected to have the most IPO activity of any week in the last four years with 12 companies slated to go public and expecting to raise almost $2 billion, according to IPOdesktop.com.  Experts project that 2011 is likely to see more...

Upcoming Reporting Deadlines: July 2011

In advance of your December 31 audit, remember to record all transactions in the period in which they relate and set up memorized transactions to amortize or reverse, where necessary. This will reduce the work needed to capture accrued and prepaid...
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