Articles by Travis T. Jones
CPA, CFE
Principal
Travis Jones is a Principal for BeachFleischman and a member of the firm’s Accounting & Assurance Department.
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Surprise audits are proven to fight fraud
Does your organization conduct surprise audits? A recent study found that companies without this antifraud control in place are at significantly higher risk for occupational theft and financial misstatement.
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Cash vs. accrual accounting: What’s the difference?
Is your business using the optimal method of accounting? What’s right depends on your company’s size, level of sophistication and other key factors.
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Supplement your financial statements with timely flash reports
Here’s how daily or weekly flash reports can help your organization become more responsive to changing market conditions.
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Achieving the right balance of working capital
Do you know the three keys to lowering your company’s working capital requirements?
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How to get more from your company’s income statement
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.
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Why auditors prefer in-person interviews to assess fraud risks
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.
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Cyber risks: A critical part of your auditor’s risk assessment
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.
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FAQs about fair value in accounting
Got questions about fair value under U.S. GAAP? Here are some answers to help take the guesswork out of reporting these estimates.
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Commission fraud: When salespeople get paid more than they’ve earned
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.