In this special episode, Caleb interviews Greg about a tricky situation he encountered early in his career as an accountant.
Sponsors
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- (00:00) - Welcome to Oh My Fraud
- (00:37) - Listener Reviews and Ethical Dilemmas
- (04:26) - Greg's Career Background
- (05:32) - First Job and QuickBooks Training
- (09:31) - The Client's Business and Management
- (16:06) - Discovering Financial Irregularities
- (18:24) - The Mysterious Loan
- (25:39) - Checks and Balances
- (35:29) - Firm's Response and Ethical Concerns
- (40:46) - The Big Hairy Loan
- (44:06) - Transition to In-House CPA
- (47:09) - Monitoring the Loan
- (50:24) - Revealing the Loan to the Board
- (53:57) - Board's Reaction and Consequences
- (01:07:55) - "John Bolton's" Hardball Tactics
- (01:13:33) - Final Resolution and Aftermath
- (01:20:10) - Lessons Learned and Reflections
HOW TO EARN FREE CPE
In less than 10 minutes, you can earn 1 hour of NASBA-approved accounting CPE after listening to this episode. Download our mobile app, sign up, and look for the Oh My Fraud channel. Register for the course, complete a short quiz, and get your CPE certificate.
Download the app:
Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.app
Questions? Need help? Email support@earmarkcpe.com.
CONNECT WITH THE HOSTS
Greg Kyte, CPA
Twitter: https://twitter.com/gregkyte
LinkedIn: https://www.linkedin.com/in/gregkyte/
Caleb Newquist
Twitter: https://twitter.com/cnewquist
LinkedIn: https://www.linkedin.com/in/calebnewquist/
Email us at ohmyfraud@earmarkcpe.com
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