financial accounting, business process reengineering, internal auditing, and financial controls

A2Q2 is like the Special Ops Team for accounting departments. We parachute in for important projects such as:

 

  • Business process optimization
  • NetSuite implementation
  • Internal controls & IPO readiness
  • M&A integration
  • Sarbanes-Oxley compliance

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Fraud in the Digital Age
Posted by: Kim Le

Fraud Picture

It is time to begin paying closer attention. Considering the fact that technology is growing in leaps and bounds, a call for greater awareness is required to protect our financial assets.  We all know how easy it has become in the 21st Century to make payments electronically.  Many companies don’t even use checks anymore. Checks are viewed as products of the Stone Age, cumbersome and inconvenient when all we need is the internet. ACH and wire transfers have become the easy-breezy norm.

Email is the primary method most companies use in order to communicate financial transfer information.  Details such as sender/receiver identities, account numbers, and amounts are conveniently communicated.  Now imagine the sender of an email isn’t actually an authorized person to give these requests.  This is the risk!  There have been countless cases where this abuse has caused companies to become the victim of criminal fraud.  read more…

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