2009 Accounting Auditing 
Accounting Today
JUNE 19, 2025
In 2012, the IRS assessed nearly $800,000 in taxes against Whitman for 2002 through 2009 and began trying to collect. In response, Whitman formed a trust with his girlfriend as the trustee then directed his income from the business into the trusts bank accounts and used the money to pay personal expenses. All rights reserved.
Accounting Today
JULY 24, 2025
He also attempted to conceal his income from the IRS by using his business bank accounts to pay personal expenses, including the purchases of auto parts, guns, jewelry and powersports vehicles. All rights reserved.
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MineralTree
DECEMBER 15, 2022
In any organization, the accounts payable (AP) department is responsible for handling and processing payments. What is Compliance in Accounts Payable? Compliance in accounts payable refers to the practice of following laws, regulations, and standards related to handling payments. Tiresome, Expensive Audits.
Future Firm
JUNE 8, 2023
Online accountant forums can be a valuable resource for accounting professionals looking to expand their knowledge, connect with peers, and stay up-to-date on industry trends. In this post, we’ll explore the benefits of participating in online forums for accountants and enumerate which ones are worth joining.
AvidXchange
FEBRUARY 22, 2017
Nicholas Moussab is a sales professional who has spent more than ten years helping organizations optimize their accounts payable and payment processes. I’ve also seen companies decide to automate because they are dealing with compliance issues or having challenges providing invoices for an audit.
AvidXchange
DECEMBER 1, 2016
By 2003, their invoice approval software, AvidInvoice, was enabling companies to route invoices electronically and create intelligent workflows to automate their accounts payable processes. Headquartered in Houston, Texas, Strongroom has provided accounts payable software solutions to over 200 small and midsize businesses since 2007.
Nanonets
MAY 31, 2023
Account Takeover: Criminals gain unauthorized access to customer accounts, allowing them to make fraudulent transactions or transfer funds. Shadow spending can take various forms, including Embezzlement: Employees misappropriate company funds for personal gain by manipulating financial records or diverting payments to their accounts.
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