|
Business owners play important fraud prevention role |
|
Small businesses usually have limited resources when it comes to implementing fraud prevention controls. A substantial number of them have a single owner and fewer than 25 employees. These businesses usually have been passed down from generation to generation and employ a couple of long-term, highly trusted employees - many times hired by an owner from the previous generation.
To find out more about fraud prevention click here.
|
|
Nonprofit expenses: Correct coding prevents problems |
|
Failing to categorize or allocate expenses properly is a common accounting mistake some nonprofits make. A nonprofit organization's expenses can be broadly categorized as expenses for program services and for supporting services. Expenses can also be classified by a natural or functional classification.
Click here to find out more about nonprofit expense classification, program and supporting services and reporting, as well as how to avoid common accounting mistakes.
Learn more about the not-for-profit services WEC has to offer here.
|
|
About Wall, Einhorn & Chernitzer, P.C.
|
|
Wall, Einhorn & Chernitzer, P.C. (WEC) offers a local touch with regional scope and national resources. Serving clients since 1989, we are today the largest public accounting firm headquartered in Norfolk, Virginia and the third largest in the Hampton Roads region. WEC is an independently owned and operated member firm of CPAmerica International, one of the largest associations of CPA firms in the United States. Through our affiliation, we have instant access to the expertise and resources of more than 2,500 professionals across America. WEC clients benefit from the resources, experience and professional knowledge base of a national firm while still receiving the personalized service and attention that only a locally-owned, independent accounting firm can offer.
|
|
|
