>> “customer revenue” account controlled solely by the CEO > I cannot fathom a VP of Finance, let alone an outside accounting firm, that would be OK with this arrangement of accounts. Right? Then again, EY audited…
Nope. He got caught when it was discovered that the "customer revenue" bank account was being manipulated to look like tens of millions were in there when it was more like tens of thousands. The other bank account had…
- where are the contracts corresponding to revenue? Yeah they are an SMB SaaS but this is financial, there will be contracts, NDAs, etc SMB, especially the small end of SMB, does not often have contracts. It's more…
>> “customer revenue” account controlled solely by the CEO > I cannot fathom a VP of Finance, let alone an outside accounting firm, that would be OK with this arrangement of accounts. Right? Then again, EY audited…
Nope. He got caught when it was discovered that the "customer revenue" bank account was being manipulated to look like tens of millions were in there when it was more like tens of thousands. The other bank account had…
- where are the contracts corresponding to revenue? Yeah they are an SMB SaaS but this is financial, there will be contracts, NDAs, etc SMB, especially the small end of SMB, does not often have contracts. It's more…