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Sabina Dupras

Financial Blog Corliss Group: From Corporate Giants to Main Street, Fraud is on the Rise - 1 views

Investors, analysts and corporate directors rely on external audits to keep companies honest. But a new study says audits are woefully ineffective at uncovering fraud. In fact, more than twice as m...

Financial Blog Corliss Group From Corporate Giants to Main Street Fraud is on the Rise

started by Sabina Dupras on 27 May 14 no follow-up yet
Gerald Hussen

An Audited Financial Statement Can Audited when Looking to Borrow - 0 views

    According to the Biz2Credit Small Business Lending Index, more than one-half of all small-business loan applications are being rejected by banks. Companies in need of capital might find lenders more receptive in a hard-hitting lending environment if they invest in audited financial statements. "We've had clients who needed these statements to even get the loan, and it can make a difference in the interest rate you get," says David G. Barbeito, a principal in the Miami office of Morrison, Brown, Argiz & Farra, a large independent accounting firm.
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