larrivaFraudulent Financial Statements fall under the fraud category of “Occupational Fraud and Abuse,” which is defined by the ACFE as “an employee, manager, officer, or owner of an organization committing fraud to the organization’s detriment.” According to a research study performed by the ACFE, fraudulent financial statement fraud accounts for approximately 10% of white collar crime incidents. Although, other “Occupational Fraud and Abuse” crimes, such as, asset misappropriation and corruption tend to occur at higher frequency, the financial impact of those crimes is less severe. (more…)


myers-bControversy gripped the nation on the afternoon of May 28, 2016. A three-year-old boy wandered away from his family while visiting the Cincinnati Zoo, climbing a three-foot-tall fence protecting the enclosure of Harambe, a 17-year-old western lowland gorilla. After ten minutes of suspense, zoo officials fired a single gunshot to euthanize Harambe, saving the child’s life. (more…)

CarterI’m sure you have heard about Uber and probably used it once. But what does Uber have to do with young CPAs?

Accounting Today recently published an article about the tax implications of the ‘sharing economy’, which include some of our favorite apps which we use on a regular basis. Due to the growth of the sharing economy, the IRS has a created a Sharing Economy Tax Center. The site gives vital information about the tax implications of participating, as a worker, in this burgeoning sector. (more…)