Lack of Cooperation by the Employer – Reason 4

Posting by Larry Beebe, CPA

Calls and Attempts to Reschedule

Within the plan agreement and declaration of trust, there should be a provision dealing with payroll audits.  This provision should discuss the records the employer should produce for the payroll auditor.  The provision should also state that the employer has an obligation to allow a payroll audit to be performed and that once scheduled an employer cannot call at the last minute (except for a valid emergency) and attempt to reschedule […]

March 12, 2010 Payroll Audit Read more...

Where is Fraud Likely? – Part 4: Falsifying Credit Card Charges

Lawrence R. Beebe, CPA, Principal

In this series, we are discussing specific areas where fraud might be likely to occur within an organization and the steps management can take to detect and prevent fraud.

Larceny Often Starts with the Credit Card Charges

Auditors suspecting fraud often start by analyzing the credit card charges of those who are in a position to perpetuate fraud.  Why?  The person stealing from the business entity often starts small and they often start where it is easiest […]

March 10, 2010 Accounting, Audit, Family Owned Businesses, Forensic Accounting Read more...

Bond Beebe Welcomes Three New Employees

Bond Beebe, a certified public accounting and advisory firm with offices in Bethesda, Maryland and Alexandria, Virginia, announced today that three new employees have joined the Firm’s professional staff.  Bond Beebe’s Audit Department welcomes Alex Helfand and Zeinab Darwish, and the Payroll Audit Department welcomes Lola Andrews.  Helfand joins Bond Beebe as a Staff Accountant in the auditing department, and is a December 2009 graduate of the University of Maryland with a B.S. in Accounting.  Darwish is joining as […]

March 9, 2010 Firm News & Events Read more...

Geoffrey Brown of Bond Beebe Receives Family Business Advisor Certification

BETHESDA, Maryland (March 4, 2010) – The Greater Washington DC Family Business Alliance (“The Alliance”), the go to resource for family businesses located in Maryland, the District of Columbia, and Northern Virginia, announced today that Geoffrey D. Brown, CPA, a Principal with Bond Beebe, the founding company of the Alliance, has received professional certification as a Family Business Advisor from the Family Firm Institute (“FFI”). The FFI will present Brown with the certification during their international conference, “Family Enterprise: […]

March 4, 2010 Family Owned Businesses, Firm News & Events, Uncategorized Read more...

Geoffrey Brown of Bond Beebe Receives Family Business Advisor Certification

Posting by Admin

BETHESDA, Maryland (March 4, 2010) – The Greater Washington DC Family Business Alliance (“The Alliance”), the go to resource for family businesses located in Maryland, the District of Columbia, and Northern Virginia, announced today that Geoffrey D. Brown, CPA, a Principal with Bond Beebe, the founding company of the Alliance, has received professional certification as a Family Business Advisor from the Family Firm Institute (“FFI”). The FFI will present Brown with the certification during their international conference, […]

March 4, 2010 Family Owned Businesses, Firm News & Events Read more...

Geoffrey Brown of Bond Beebe Receives Family Business Advisor Certification

Bond Beebe, a certified public accounting and advisory firm with offices in Bethesda, Maryland and Alexandria, Virginia, announced today that Geoffrey D. Brown, CPA, a Principal with Bond Beebe, has received professional certification as a Family Business Advisor from the Family Firm Institute (“FFI”).  The FFI will present Brown with the certification during their international conference, “Family Enterprise: New Game? New Rule?” held this year on October 13-16, 2010 in Chicago.  The FFI is the premier international body for […]

March 4, 2010 Family Owned Businesses, Firm News & Events Read more...

ELECTRONIC TAX FILING IS IN YOUR FUTURE – ARE YOU READY?

Glenn Bailey, CPA

Electronic tax filing (or e-filing) is a process where tax returns are submitted to the Internal Revenue Service or your state’s department of taxation through the Internet or direct connection, usually without the need to submit any paper documents.  E-filing can be done through tax preparation software programs, Web sites run by software producers or state tax departments, or by your tax professional.

Have you e-filed your tax return yet?  According to the IRS, 87 million of the […]

March 1, 2010 Accounting, Tax Read more...

Audit Lessons Learned & Payroll Audit “Pet” Peeves

Posting by Kurt Needles, CPA

I was thinking of a couple different payroll audit situations recently, and what can make this process better, or at least less distressing, for all involved.

Stepping Into the Electronic Age

We do payroll audits for a national fund that involves multiple “locals,” and various contracts within those locals.  In previous years, we only received photocopies of the remittance reports on the multiple files from the fund office.  We then had to manually key the hours into […]

February 25, 2010 Uncategorized Read more...

Payroll Auditing on the Bayou

Posting by Kurt Needles, CPA

One recent payroll audit took us to the doorstep of one of our southern clients, in this instance to the residence of the company accountant.  Every payroll auditor detests auditing in someone’s home – it is just uncomfortable.  On this particular day I had to ring the bell several times before the door was answered.  Apparently the accountant had forgotten about the audit appointment because he was still in his pajamas.

After throwing on a robe, […]

February 25, 2010 Payroll Audit, Uncategorized Read more...

Bond Beebe Hires Jena Hostetter as New Recruiter

Bond Beebe, a certified public accounting and advisory firm with offices in Bethesda, Maryland and Alexandria, Virginia, is pleased to announce that they have hired Jena Hostetter as the Firm’s Recruiter.  She will screen and interview candidates for open requisitions, interact with Bond Beebe managers regarding requisition clarification and resume feedback, and will frequently update and create job descriptions.  Hostetter was previously employed as an Executive Consulting Recruiter by Accountants International (formerly ACSYS, Inc.), where she was the first […]

February 24, 2010 Firm News & Events Read more...