The trial balance provides the basis por making draft financial statements. This article spells out errors that may affect the trial balance. Correct them always by making entries that leave an audit trail.

Analyzing accounting transactions involves simple steps that can make a difference in the quality of the financial information.

Never underestimate the usefulness of some of the Excel's features. Creating forms is easy to accomplish and

Desperation for lack of job opportunities had led several job seekers to business opportunities fraud. Follow simple steps of due diligence and do not put money up front for allegedly profitable business opportunities. They are nothing but fraud schemes.

Former CEO, CFO, and other top officers of a corporation were accused of falsifying the company’s financial records in order to inflate the organization revenue so that the company would meet analysts’ financial projections.

Determining the true value of a business is a permanent source of engagement for forensic accountants. The key to a successful business valuation is to use methods widely recognized in the valuation industry.

Forensic accountants are hired to verify the reliability of financial information because it is a decisive factor in assessing performance. When unrealistic goals are set many wrongdoing instances are uncovered through financial investigations where forensic accountants are actively involved.

Accountants and lawyers are called to be Gatekeepers as per the USA PATRIOT Act. Being aware of vulnerability factors is an important step in achieving this goal.

Money laundering schemes are on the rise. Forensic accountants play an important role investigating ill-gotten gains. Human trafficking and particularly sex slavery generate billions that need to be cleaned. Money laundering undermines safety across the globe.

Follow the money and behind it you will find economic crimes. Financial investigators help regulatory agencies and law enforcement uncover money laundering, fraud, and embezzlement.