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.
Articles by Travis Jones
Travis Jones is an Accounting and Assurance Senior Manager at BeachFleischman PC. He has planned and conducted several audits, reviews, and compilations for closely held private companies and nonprofit organizations, as well as benefit plan audits.
Industry Experience
How to assess fraud risks today
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.
Lease Standard Makes Impact on Balance Sheet
We are fast approaching 2022, so it is time to consider the new leasing standard for calendar-year entities, which becomes effective January 1, 2022.
The Accountant and Child Care Advocacy: Part Two
Preparation: Making Sense of Child Care Advocacy as an Accountant As I began to educate myself on what I had signed up for as a Parent Advocate, I soon realized the connections to the local community. I learned that Child Care Aware® of America is the national organization that supports each state’s local Child Care[ … ]
The Accountant and Child Care Advocacy: Part One
Photo courtesy: http://usa.childcareaware.org/about/2017-child-care-aware-of-america-policy-summit/ You may be wondering how you landed on an article written by a CPA that is not related to a technical issue? Allow me to explain. Recently, my wife and I received an opportunity to attend the Child Care Aware® of America’s 2017 Family Advocacy Summit. This 3 part series will take[ … ]
A Children’s Story Lesson on Ethics
One night while putting my daughter, Genevieve (4), to bed I came across a message in the book she chose that sparked my interest on a professional level. The book chosen was about teaching kids the power of affirmations titled “I Think, I Am!” by Louise L Hay. As we went through the pages, we[ … ]
Internal Controls for Employee Benefit Plans
When an employee benefit plan is implemented, it is important for the plan sponsor (or employer) to communicate the roles and responsibilities of the affected departments, typically human resources, payroll and accounting. The human resource department communicates information about the benefit plan to employees as part of the orientation process, as well as monitors eligibility[ … ]
