|  BRIAN T. STONER, CPA
You can count on us to count for you! |
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Award for Best Accountant in Burbank, CA by Best Businesses - 2014 and 2015
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February 15, 2016 
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We Need Your Referrals to Grow Our Business!
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2600 W. Olive Ave, 5th Floor
Burbank, CA 91505
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I write a BLOG called 'MUSINGS OF A BURBANK CPA' on Financial and Tax Items I feel are worth sharing! You can access
MY BLOG here:
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See the coupon for discounts on my services -------->
HOPE ALL OF YOU HAD A GREAT VALENTINE'S DAY........
TAX FRAUD TRIANGLE AND HOW TO HELP YOUR SOCIAL MEDIA WITH PERISCOPE.
Article one talks about fraud items to help with fraud and Article two discusses how to jazz up your social media campaigns with Periscope.
Call Now
818-333-5095
or 818-317-6035
Brian T. Stoner, CPA has been featured on
Also you can download my business app:
 
You can count on us to count for you!
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The Triangle of Fraud Risk
A 2014 Global Fraud Study conducted by the Association of Certified Fraud Examiners (ACFE) estimates that the average business loses five percent of their revenues to fraud. The global total of fraud losses is $3.7 trillion. The median fraud case goes 18 months before detection and results in a $145,000 loss. How can you avoid being a fraud victim?
The first step is to become more aware of the conditions that make fraud possible. The fraud triangle is a model that describes three components that need to be present in order for fraud to occur:
- 1. Motivation (or Need)
- 2. Rationalization
- 3. Opportunity
When fewer than three legs of the triangle are present, we can deter fraud. When all three are present, fraud could occur.
Motivation
Financial pressure at home is an example of when motivation to commit fraud is present. The fraud perpetrator finds themselves in need of large amounts of cash due to any number of reasons: poor investments, gambling, a flamboyant lifestyle, need for health care funds, family requirements, or social pressure. In short, the person needs money and lots of it fast.
Rationalization
The person who commits fraud rationalizes the act in their minds:
- I'm too smart to get caught.
- I'll put it back when my luck changes.
- The big company won't miss it.
- I don't like the person I'm stealing from.
- I'm entitled to it.
At some point in the process, the person who commits fraud loses their sense of right and wrong and their fear of any consequences.
Opportunity
Here's where you as a business owner come in. If there's a leak in your control processes, then you have created an opportunity for fraud to occur. People who handle cash, signatory authority on a bank account, or financial records with poor oversight could notice that there is an opportunity for fraud to occur with the ability to cover the act up for some time.
Seventy-seven percent of all frauds occur in one of these departments: accounting, operations, sales, executive/upper management, customer service, purchasing and finance. The banking and financial services, government and public administration, and manufacturing industries are at the highest risk for fraud cases. (Source: ACFE)
Once you understand a little about fraud, prevention is the next step. To some degree, all three points on the triangle can be controlled; however, most fraud prevention programs focus on the third area the most: Opportunity. When you can shut down the opportunity for fraud, then you've gone a long way to prevent it.
While we hope fraud never happens to you, it makes good sense to take preventative steps to avoid it.
You can count on us to count for you!
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CALL NOW
818-333-5095
OR 818-317-6035
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YOU CAN CHECK OUT MY PAST NEWSLETTERS ON MY WEBSITE ARCHIVE!
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| COUPON Save 10% Bring this coupon in and get a 10% discount on any new service we provide you (up to $50.00)  You Can Count On Us To Count For You! BRIAN T STONER, CPA |
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Accounting Employment Opportunities
Pauline Casbon of Casbon & Associates, LLC is a professional recruiter I have known for quite a while. She is very professional and can help accountants looking for work get a new position as well as find accounting professionals for business and industry.
Full Time Job Opportunities: Contact Pauline Casbon at
310 859 3805
Referral fee for any potential employee that is placed in any of the following positions.
Tax Managers needed for Encino, Woodland Hills, Burbank, West Los Angeles, Beverly Hills, Century City, Brentwood and Pasadena. $$$ Competitive and top salary!
Account Managers with Business Management accounting experience and Datafaction. Locations: West Los Angeles, Century City, Encino, Sherman Oaks and Woodland Hills.
Bookkeepers for CPA/Business Management firm in Woodland Hills, Encino, Santa Monica and Century City. Competitive salary, career growth and great benefits.
Tax Accountant for wonderful opportunity in Malibu.
Staff Accountant/Tax Accountant up to $80k West Los Angeles Business Management Accounting firm.
Account Managers for Business Management Accounting firms in West LA, Sherman Oaks and Encino. Immediate hires!
Tax Seniors for West LA, Century City, San Fernando Valley and the San Gabriel Valley; CPA firm and Business Management Accounting firm, seeking potential employees looking for a career path!
Assistant Bookkeepers for Woodland Hills, Sherman Oaks and West Los Angeles. Datafaction experience required. Immediate Hires!
Office Manager for Business Management Accounting firm in Encino.
Audit Seniors for CPA firm in Beverly Hills, Santa Monica, Woodland Hills and Century City. Great career path. Competitive salary and great benefits!
Audit Manager, CPA for a great firm located in Pasadena and Woodland Hills. Immediate Hires!
Staff/Tax Accountant for Business Management firm in Brentwood, West Los Angeles, Beverly Hills and Encino.
Tax Accountant - College Student considered for firm located in Brentwood.
Senior Accountant, Bus. Management Dept. of CPA firm in Pasadena.
Assistant Bookkeeper for Business Management Accounting firm in Westwood. Some industry experience preferred.
Business Manager for Bus. Management Accounting firm to become a Partner. Century City - preferably with a CPA Certification.
Two Audit Seniors for CPA firm located in Santa Monica. Career path opportunities.
Tax Manager for firm in Thousand Oaks. Long-term career path to become partner!
Tax Accountant for Century City 1 to 2 years experience of tax preparation with a CPA firm and/or Business Management accounting firm.
Senior Tax Manager, CPA. Firm located in Arcadia and Pasadena.
Audit & Tax Manager, CPA for CPA firm in Van Nuys.
Audit Senior with 2 to 4 years experience for CPA firm in Van Nuys. Candidate must be pursuing CPA certification.
Tax Partner/ Tax Senior experience with real estate syndication, West Los Angeles.
Audit Senior for a great firm located in Santa Monica, ocean views!!!
Tax Partner, Encino. Preferably with a Book of business.
Tax Manager looking for an opportunity to go to Partnership. West Los Angeles.
Two tax personnel in
Los Angeles, 90064.
3 to 10 years experience.
Looking for immediate hires!
I am looking to expand my client base, if you would like further information regarding my staffing services, please do not hesitate to call. I am happy to visit your office which helps me gain an even better understanding of your firm's culture and staffing requirements. Please review my website at
http://www.casbonassociates.net/
and/or review my Linkedin profile.
Call 310 859 3805 for further information. Send resume as a word attachment to :
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Cool Social Media Apps: Periscope
Periscope is one of social media's newest darlings. It enables cell phone users (iPhone and Android) to capture and steam live video from their phone. Periscope was acquired by Twitter in February 2015, and it launched in March. As of August 12, 2015, Periscope announced they had 10 million users watching 40 years of video per day. Here are a couple of tips to get you started using Periscope:
Getting Started
If you don't already have a Twitter account, do that first. Periscope uses your Twitter info to log you in. Start following people and they will follow you back.
When someone you follow is broadcasting live, your phone will whistle and you can join in the broadcast. Once you do, tap the screen to give the broadcaster hearts (likes), which will display and float up the right side of the screen. You can make comments or ask questions during the broadcast as well; it's designed to be very interactive.
Your First Broadcast
You can broadcast anything:
- A new product or service you're offering
- Events you're attending
- Interviews with people
- A great view at a party
- News like a police, fire, or weather event
- A speech you want to give
Make sure you're on long enough for people to join in, unless you've invited them ahead of time. You can also keep your videos private if you want to.
To start the broadcast, use the third icon on the bottom which looks like a lens with a small red part. Title your broadcast, then hit the start button and you're live. Double-click the screen to toggle the screen toward you and away from you. For long broadcasts, consider getting a table tripod or a GorillaPod tripod (by Joby®) with a cell phone holder so your picture will be steadier than handheld.
Broadcasts are listed for 24 hours and then they drop off. If you want to save your broadcasts to your camera/video roll, be sure to go into Settings under your profile and turn on Autosave Broadcasts. You can also send your video to the cloud using Katch.me.
Have fun with Periscope; it is a great way to get the word out about your business.
You Can Count On Us to Count For You!
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Brian T. Stoner, CPA
2600 W. Olive Ave., 5th Floor
Burbank, CA 91505
(818) 333-5095 CELL (818) 317-6035
FAX (818) 566-1499
[email protected]
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