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Beyond the Numbers
Issue: March/April 2010
Author(s): By Peter Strozniak
Your accountant can do more than balance the books. Leveraging the resources of accountants can help your company survive Northeast Ohio’s struggling economy. |
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Nose in the Books
Issue: August 2005 Issue
Author(s): Kristen Hampshire
"Janice," the former bookkeeper of a Northeast Ohio country club, often requested she be left alone in the office, complaining to her boss that commotion from the dining room disrupted her concentration. She told him that with some quiet time, she could crunch numbers and cut vendor checks without losing focus or botching the books. She also used this quiet time to write company checks to cover personal credit card expenses. "This was someone who was like family to the owner, and he implicitly trusted h... |
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Bookeeping Blunders
Issue: September 2004 Issue
Author(s): Susan Keen Flynn
Dan Hursh remembers a scheme that left one man dead and a group of doctors short $3 million. A group of Michigan-based physicians made the mistake of giving complete control of their financials to an attorney/certified public accountant. The man set up his own management company and for more than six years fabricated consulting charges, invoiced the physicians, and paid himself from the doctors’ funds. The attorney/CPA started small and, as he gained confidence, committed greater degrees of fraud.... |
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Accountable Opinions
Issue: November 2002 Issue
Author(s): Inside Business staff
Q: How are accountants reacting to the Corporate and Auditing Accountability, Responsibility and Transparency Act (the Sarbanes-Oxley Act) of 2002? A : 'Our members are very concerned about any possibility that the provision would begin to be applied universally to all businesses of all sizes,' says J. Clarke Price, president and CEO of the Ohio Society of CPAs. 'The SEC and Congress [passed the law stipulating it be applied to] publicly traded companies, and for a variety of good reasons. They were cle... |
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Accountants to the Rescue
Issue: October 2003 Issue
Author(s): Sara Lepro
Harrowing tales from the business front. Courting Clients Though every relationship between an accountant and his or her client is unique, there are a few principles to keep in mind to ensure a smooth, long-lasting partnership. 'This is a business based on relationships,' says Lou Moran, partner-in-charge, Northeast Ohio tax services for Deloitte & Touche LLP. 'You have to build trust.' Here's what the experts have to say about cultivating a good rapport. >> It is essential for both the accountant... |
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Accounting For the Profession
Issue: November 2002 Issue
Author(s): Michelle Tackla
In the wake of financial scandals, 'bean counters' promote reforms. With the fall of billion-dollar behemoths such as Enron and WorldCom and a string of corporate scandals including cooked books and shamed executives, Northeast Ohio accountants have paused to take a closer look at their profession. Lately, they have had to defend their century-old image as a dogged, buttoned-down, scrupulously honest breed. 'We're not thrilled,' says David Brockman, director of business assurance services with Brockman,... |
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Adding It Up
Issue: November 2001 Issue
Author(s): Jeff Rozic
Area experts offer tips and suggestions for companies who are considering turning to outside firms for their accounting needs. Q: How should businesses address recent legislative changes in benefits planning? A: 'Most businesses should be reviewing their retirement benefits both for the business owners and the employees due to the changes that the Economic Growth Tax Relief Reconciliation Act created,' says Rick Maloyan, district manager of Paychex Human Resource Services. 'Many of these improvements wi... |
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Count on Them
Issue: November 2001 Issue
Author(s): Chrissy Kadleck
Profits are down and costs are rising. Who are you gonna call? Nearly six years ago, Ross Environmental Services Inc.'s economic outlook seemed grim. A December 1995 fire had ravaged its Eaton Township hazardous-waste incinerator, and business came to a halt when the plant shut down for six months following the incident. With virtually no revenue to replenish company coffers, and financially bleeding with expenses, Ross felt like a startup all over again, says Maureen M. Cromling, president and CEO of t... |
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Guide to Accounting: Bean Counters No More
Issue: January 1999 Issue
Author(s): Jill Sell
What we need is a television show about accountants. We have all these shows about attorneys that glorify the legal profession. And actually there are a lot of attorneys out there who need jobs. But the accounting profession really needs people, Amy Mees, a manager with Arthur Andersen LLP, says, only half-joking. We should have a TV drama with good-looking guys and adorable girls who are all these dynamic people. Something to change our image. The world probably does not need another miniskirted Ally Mc... |
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