How management monitors employee expenses whether using reimbursement method or company credit cards is a key internal control of the business. There are some pros and cons for both options and they have slightly different nuances when it comes to monitoring the controls over these expenditures.
Many businesses use a calendar year as their company’s tax year. It’s intuitive and aligns with most owners’ personal returns, making it about as simple as anything involving taxes can be. But for some businesses, choosing a fiscal tax year can make more sense.
Olsen Thielen is happy to announce that one of our Tax Principals, Scott Hoyles, has been awarded the Accredited in Business Valuation (ABV) designation from the American Institute of Certified Public Accountants (AICPA).
Reports of security breaches occur on a daily basis, and no company wants to see their name in the headlines as a result. Are you prepared in the event that it happens to you? A security plan will help to mitigate some of the risks and protect your assets, and
If you are a not-for-profit organization you may be wondering what is the big deal surrounding data security? Aren’t data breaches confined to the big companies like Target, Home Depot, and Sony? Why would our mission-oriented not-for-profit that helps others be a target of an attack? The reason not-for-profits are
Every day there are tens of thousands of new threats created, and most of them will be delivered to your employees in the form of an innocent looking email, a shared file, or an infected website. A simple click of their mouse will invite it in to your network. So
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