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Getting Real on Revenue Recognition Implementations

Just what you need to put the new revenue recognition standard into action—RoseRyan’s newly released 10-page paper on how to get it done! Written by one of RoseRyan’s Technical Accounting Group experts, it recaps the latest intelligence from the field.

How to Use a General Ledger to Find (and Stop) Fraud

To identify whether an organization is vulnerable or has been a victim of fraudulent behavior, it’s critical to spot common warning signs of internal fraud schemes. The first step is knowing where to look. The Company’s General Ledger (GL) is a good place to start. It’s a book that can tell stories of fraud, manipulation and betrayal. Unfortunately, few know how to read the signs. While investigators, attorneys and auditors tend to analyze the reports generated from the GL and track and monitor payment and revenue information within the GL, they often overlook a wealth of additional data that can be a signal for fraudulent activities. Properly analyzed, the GL’s contents can reveal evidence of nefarious activities, including bankruptcy fraud and theft of assets.

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