One of the best ways to reduce the risk of fraud is to improve internal controls over cash disbursements. We have helped dozens of companies strengthen controls in this area. Based on this experience, we have assembled a list of the most common and effective cash disbursement controls. You can access […]
The K Fi Foundation organized the 5th annual Mt. Saint Vincent Home Pizza Bowl this evening. We hosted 10 awesome kids from MSV, ate lots of pizza and depreciated the Fat Cats bowling alley more than the average party with our sub-par bowling skills.
The K Fi Running Club is gearing up for our 2nd Dirty 30 Trail Run on June 2. We did a nice training run on Friday April 13 at Davidson Mesa as part of our ramp up.
Every year in America, we experience billions of dollars of corporate fraud losses. Most experts agree that fraud losses are higher in tough economic times – so as we continue to dig our way out of the recession, now is a good time to take some practical steps to protect your […]
On February 16, the K Financial team spent the morning at one of our favorite “Spots” for community service events – The Spot in downtown Denver. The Spot is an outreach center for homeless youth.
The AICPA Employee Benefit Plan Audit Quality Center has developed a summary analysis of the U.S. Department of Labor (DOL) Employee Benefit Security Administration’s criminal enforcement actions involving employee benefit plans during the period April 2009 through November 2011. The summary includes actual fraud cases categorized by plan type. This tool […]
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) released a new thought paper aimed at helping organizations better articulate, develop, and implement “risk appetite.” Enterprise Risk Management – Understanding and Communicating Risk Appetite is the latest in a series of COSO papers providing guidance on improving risk management. While […]
On December 12, the K Financial team hosted one of its best events yet. We spent the morning with our good friends at the Kidney Center in Denver Children’s Hospital having an excellent Christmas celebration. We had a great time with the kids, trying to make their dialysis treatment a little […]
Every year it is important for 401(k) plan administrators to review the requirements for their plan’s operation. This annual review is a “best practice” that is often overlooked, but could save you time, money and headaches in the coming year. The IRS has published a very helpful checklist to help you […]
On November 3, 2011, the K Financial team delivered and served breakfast to homeless youth at the Urban Peak’s’ drop in center, “The Spot”. The mission of Urban Peak is to help homeless youth overcome their challenges and become self-sufficient adults by providing essential services and a supportive community. We served […]