Articles from Travis Jones - Phoenix Tucson AZ

Supplement your financial statements with timely flash reports

August 2, 2023 Travis Jones Assurance financial reporting, financial statements, GAAP, reporting

Here’s how daily or weekly flash reports can help your organization become more responsive to changing market conditions.

Achieving the right balance of working capital

May 15, 2023 Travis Jones Assurance

Do you know the three keys to lowering your company’s working capital requirements?

How to get more from your company’s income statement

March 31, 2023 Travis Jones Assurance financial reporting, income statements

Financial reporting is more than an exercise in compliance. Proactive owners and managers view their income statements as a diagnostic tool to gauge performance and fix inefficiencies and anomalies.

Why auditors prefer in-person interviews to assess fraud risks

September 12, 2022 Travis Jones Assurance fraud detection, risk assessment

Psychologists estimate that more than 90% of communication happens through tone of voice and body language. So, when evaluating fraud risks during an audit, a face-to-face interview is critical to help detect nonverbal cues.

Cyber risks: A critical part of your auditor’s risk assessment

August 16, 2022 August 15, 2022 Travis Jones Assurance audit, cybersecurity, risk mitigation

Data breaches are becoming more frequent, aggressive and sophisticated. Here are some shocking statistics from the “Cost of a Data Breach Report 2022,” along with ways your auditor can help evaluate and mitigate your organization’s risk.

FAQs about fair value in accounting

April 11, 2022 Travis Jones Assurance fair value, FASB, GAAP

Got questions about fair value under U.S. GAAP? Here are some answers to help take the guesswork out of reporting these estimates.

Commission fraud: When salespeople get paid more than they’ve earned

January 5, 2022 Travis Jones Assurance, Financial Forensics & Valuation, Fraud commissions, Fraud, fraud detection

When structured and managed correctly, a commission program can boost employee compensation and morale. But it also can tempt salespeople to commit fraud. Here’s how to contain the threat.

How to assess fraud risks today

November 15, 2021 November 22, 2021 Travis Jones Assurance Fraud, risk assessment

In today’s uncertain marketplace, it’s important to look at fraud risks from a fresh perspective. Here’s how auditors are doubling down in their efforts to accurately assess emerging and increased fraud risks during the pandemic.