Category: Accounting
Auditing the Audit: The Negative Effects of an External Audit
January 2, 2020 by John Siegel
Some organizations consider an external audit of the business’s financial statements as merely a requirement to comply with grant agreements,...
The Sheer Audacity of Bernie Madoff
December 24, 2019 by John Siegel
'Twas the night before Christmas, and all through the house, a crook was at work, he had gasoline to douse....
What Private Companies Need to Know About Lease Accounting Under ASC 842
November 19, 2019 by John Siegel
In July, the Financial Accounting Standards Board (FASB) voted to delay the effective date of some of its major accounting...
The WorldCom Fraud That Changed Everything
October 31, 2019 by John Siegel
With Jack-o'-lanterns in place and faux-cobwebs sprinkled liberally around the office, FloQast is feeling particularly spooky these days. To really...
Nearly 20-Years Later, the Ghost of Enron Still Looms Large
October 21, 2019 by John Siegel
With Jack-o'-lanterns in place and faux-cobwebs sprinkled liberally around the office, FloQast is feeling particularly spooky these days. To really...
Accounting Through the Ages: The Accountant of Shawshank Prison
October 10, 2019 by Aynsley Moffitt
In this week's "Accounting Through the Ages," FloQast Product Manager and former accountant Aynsley Moffitt takes a look at a...
We Have the Technology — We Can Rebuild the CPA. The $6M Question is “How?”
October 8, 2019 by Alex Nordin
Should the government have a role in regulating professional service providers?
If not, who should set the standards?
Should there even...
Should I Stay or Should I Go? Controllers Are in Higher Demand Than Ever Before. But There’s a Catch
August 14, 2019 by John Siegel
As much as the business landscape has evolved over the last few decades, it's easy to overlook the fact that...
“That’s Close Enough” Bob Newhart’s Short, Undistinguished Accounting Career
August 1, 2019 by John Siegel
Bob Newhart is known for a lot of things, but being an accountant isn’t one of them. ...
Changing the Game: 5 Powerful Features of Close Management Software
July 24, 2019 by John Siegel
Do you find yourself sitting at your computer, head in hand, after another chaotic month-end close in your accounting department...