AllExperts > Experts 
Search      

Auditing

Volunteer
Answers to thousands of questions
 Home · More Questions · Question Library  · Free Encyclopedia ·
More Auditing Answers
Question Library

Ask a question about Auditing
Volunteer
Experts of the Month
Expert Login

Awards

About Us
Tell friends
Link to Us
Disclaimer

 
 
 
About Don Sadler
(Top Expert on this page)

Expertise
I can answer regarding Internal Auditing - especially operational audits, audit management, and how to revitalize a dysfunctional audit department. Also give advice to "auditees" on how to deal with auditors.

I DO NOT ANSWER HOMEWORK OR CLASS PROJECT QUESTIONS. For those answers, I suggest you scan previously asked questions and search on your favorite search engine.

I ALSO DO NOT ANSWER TAX QUESTIONS AS THIS IS NOT WITHIN MY EXPERTISE. NOTE: I am not an accounting expert although i will try to help if I can... ask at your own risk.

Experience
I have worked in the public and private business management arena with experience in OMB, Resource Management, Internal Auditing and consulting. I am a former President of the Inland Empire Chapter Institute of Internal Auditors, previously held Director positions in the Orange County Information Systems Audit and Control Association and the Northern Telecom International User's Association. I am a Certified Fraud Examiner and a Certified Information Systems Auditor.

Organizations
Institute of Internal Auditors, Association of Certified Fraud Examiners, and Information Systems Audit and Control Association (ISACA)

Education/Credentials
MBA, CISA, CFE

Founder and Principal of Applied INTEGRITY Management Consulting Group
   

You are here:  Experts > Business > Corporate Law > Auditing

SubjectDate AskedExpert

Auditing & Accounting9/24/2008Consuelo Herrera, International Accountant and Fraud Examiner
  Q: How much is the new starter / fresh graduated from Accounting degree paid in US? first as auditor in ...
  A: Regarding compensation, it depends. Fresh graduated with experience and certifications, could make ...
Now what?9/23/2008Consuelo Herrera, International Accountant and Fraud Examiner
  Q: you have nicely answered my previous question concerning my ss8 filing. Thank you for that. Now I ...
  A: Hope things get better in your relationship with the IRS. Concerning this particular situation, ...
Now what?9/22/2008Consuelo Herrera, International Accountant and Fraud Examiner
  Q: you have nicely answered my previous question concerning my ss8 filing. Thank you for that. Now I ...
  A: Good to hear that the IRS ruled on your behalf. I would suggest that you contact the taxpayer ...
hi9/13/2008Consuelo Herrera, International Accountant and Fraud Examiner
  Q: "Please answer what u can Background: under the affordable housing program there are lotteries for ...
  A: I am sorry but this is not an area of my expertise. I hope you find this answers with a ...
Accountant filed for Chapter 79/3/2008Consuelo Herrera, International Accountant and Fraud Examiner
  Q: I am graduating soon and I am feeling very nervous about looking for a job. The reason being is that ...
  A: Congratulations on your graduation. The issue related to finances will come up right from the ...
SS8 Status8/19/2008Consuelo Herrera, International Accountant and Fraud Examiner
  Q: I was wondering if you have any idea exactly how long it takes to receive the determination status ...
  A: I understand your frustration and I found that very unusual that you have not received a response. ...
Audit workpapers8/14/2008Consuelo Herrera, International Accountant and Fraud Examiner
  Q: We are switching audit firms. The previous firm says it will charge a considerable fee for the new ...
  A: I apologize for not providing you with a response sooner. Communications between predecessor and ...
career change?8/4/2008Don Sadler
  Q: Don, I read some of your previous answers and am very glad to have found this site. I graduated ...
  A: Sophia, Short answer: Yes, AND a CPA is not required for a successful & satisfying audit career. ...
Career question7/24/2008Don Sadler
  Q: I graduated in 2001 majoring in Finance and Accounting. Since then, my work environment has not ...
  A: Congratulations on your interest in being an auditor. There is no question about the CPA ...
hi7/21/2008Consuelo Herrera, International Accountant and Fraud Examiner
  Q: please answer wat u can" thanks! hi,i get ssdi from the SSA and am wondering if <and in general < ...
  A: Sorry for the delay but I have to do more research on this matter. I will get back with you soon ...
TAX RETURN AUDIT7/10/2008Consuelo Herrera, International Accountant and Fraud Examiner
  Q: hope i am at the right place to ask this q'; I live in the state of Florida. my tax return is being ...
  A: You are asking questions about two different matters here. According to your question you are being ...
form SS-87/9/2008Don Sadler
  Q: My husband is an actual employee (according to the IRS) but was treated as a sub contractor for 1 ...
  A: As it says in my profile, I am not a tax expert so if you accept that as a caveat, here is my ...
Bishop's Report?7/8/2008Consuelo Herrera, International Accountant and Fraud Examiner
  Q: This is the longest of longshot questions, but worth a stab. When I was ten years old--nearly sixty ...
  A: Honestly, I have not heard of that report pertaining to a credit or background report. I did my own ...
CPA designation7/7/2008Consuelo Herrera, International Accountant and Fraud Examiner
  Q: I am a recent graduate from a Canadian B.Com program ready to pursue the CPA designation. However ...
  A: Congratulations on your degree!You are embracing a very rewarding career and an ongoing learning ...
Audit danger?6/15/2008Don Sadler
  Q: I heard that the works of an auditor comes with danger including being threaten and even murdered to ...
  A: As an auditor you often have an adversarial with the people you are auditing. In some organizations, ...
Audit danger?6/15/2008Consuelo Herrera, International Accountant and Fraud Examiner
  Q: I heard that the works of an auditor comes with danger including being threaten and even murdered to ...
  A: What you heard somehow is true. Those threats have been more toward investigators of financial ...
Career related questions6/14/2008Don Sadler
  Q: What are the career opportunities to gain for being an auditor? Is the income good? How significant ...
  A: CPA is the best certification you can obtain. Each industry has certification particular to that ...
Career related questions6/14/2008Consuelo Herrera, International Accountant and Fraud Examiner
  Q: What are the opportunities to gain for being an auditor? Is the income good? How significant is ...
  A: Auditors professionals are required almost in every corporation and even small business should have ...
is CPA right for me?6/3/2008Consuelo Herrera, International Accountant and Fraud Examiner
  Q: i have jus finished my graduation in an indian university. and i will be starting my CPA course NEXT ...
  A: Congratulations on your graduation! You have reached a milestone on your life and although I ...
Internal Audit5/29/2008Don Sadler
  Q: I received a email from my director to follow up on a request from an internal auditor. Prior to ...
  A: I understand your dilemma and am glad you asked for advice. First, unless directed otherwise by ...
hi5/7/2008Consuelo Herrera, International Accountant and Fraud Examiner
  Q: a friend of mine has bad credit she has below avg intelligence and related to me that a man ahd ...
  A: Every employer, contractor, and of course, government entities should verify social security numbers ...
hi5/6/2008Consuelo Herrera, International Accountant and Fraud Examiner
  Q: a friend of mine has bad credit she has below avg intelligence and related to me that a man ahd ...
  A: Although you have asked me so many questions, all of them are interconnected. Bear in mind that I am ...
detect fraudulent entries4/17/2008Consuelo Herrera, International Accountant and Fraud Examiner
  Q: What procedures can auditors perform to detect fradulent entries made during the consolidation ...
  A: I will provide you with an answer in two days. I apologize but I had a very busy last week. Thank ...
CPA certification4/7/2008Consuelo Herrera, International Accountant and Fraud Examiner
  Q: I read another question / answer on this subject but am still slightly confused. Is the CPA ...
  A: No, the CPA certification is not the same around the world. For example, if you are a CPA in the ...
Accounting error from previous year3/9/2008Don Sadler
  Q: as this is not the expertise area in which I should be; however, if you can help, I'd appreciate it. ...
  A: I am not an accounting expert so, with that caveat, I will pass on what my CPA friend told me. ...
314 audits2/29/2008Don Sadler
  Q: I'm reading job functions for a staff accountant position at a fortune 500 realty company and have a ...
  A: You are correct in assuming that NOI means Net Operating Income. A 314 audit is conducted pursuant ...
timming and lading2/7/2008Don Sadler
  Q: What is timming and lading in auditing
  A: "Lading" refers to a cargo load [most often used in "Bill of Lading"]. "Timming" is new to me but ...
General IT Audit Related questions1/23/2008Don Sadler
  Q: I am a project manager and new to the auditing world. I have few basic questions and would really ...
  A: Sorry to be so slow in responding but I was out of the country. 1. The audit committee of ...
FINANCE DIRECTOR1/17/2008Don Sadler
  Q: We have a church with a governing board. Our church has a daycare with a daycare board. The finance ...
  A: First I will qualify my response by telling you I am not that familiar with church business so I ...
Personal Audit1/11/2008Don Sadler
  Q: I built a new home in 2006, claimed the sales tax on the new home and am now being audited for than ...
  A: I am neither a tax nor IRS expert but in the interest of trying to offer you some guidance, I will ...
How to carry out auditor's suggestion12/27/2007Don Sadler
  Q: Background: I am Chairman of the Town Board of Finance in Ct.. This is an elected position but is ...
  A: First, I am sure you realize that your auditors probably know specifically what internal controls ...
non-profit issue12/21/2007Don Sadler
  Q: Not sure if you can answer this question but I will try anyway. Do Non-Profit organizations have to ...
  A: Paul, I don't know much about nonprofits however, I will offer the following for your ...
financial reporting12/14/2007Don Sadler
  Q: When a publicly traded company issues it's financials or announces profits, they usually announce ...
  A: It could ean any of these depending on centext. You will hardly ever see a statement such as ...
receivables12/12/2007Don Sadler
  Q: In the audit of receivables, existence is generally the primary objective, correct? I was recently ...
  A: The primary objective of testing receivables is to validate the existence and accuracy to ensure ...
CPA Certificate12/4/2007Don Sadler
  Q: I want to ask a Question about the CPA Certificate 1- If I Got the CPA it will be more easy to get ...
  A: Moheb, I will try to answer your questions as I understand them. 1- If I Got the CPA it will be ...
Business audits11/13/2007Don Sadler
  Q: I am a member of a volunteer fire company (INC.). I was hired by the company to take care of the ...
  A: This is more an issue of a “perceived” conflict of interest than an “actual” conflict of interest. ...
sales tax audit11/3/2007Don Sadler
  Q: If my audit is from 2003 - 2004 can they request informtation and documentation from 2001 and 2002? ...
  A: Elizabeth, Unfortunately, the auditors can ask for anything. However, you have a valid point in ...
auditing problem11/1/2007Don Sadler
  Q: i am a new business owner in construction, last month i got a letter that i have to set up an ...
  A: Anna, I don’t know the particulars of your situation but I can give you generic advice regarding ...
purchasing for an LLC10/19/2007Don Sadler
  Q: Do I need to create a separate, business bank account in order to make purchases for my LLC that I ...
  A: It is not absolutely necessary so long as you keep very accurate and detailed records to support ...
2006 taxes10/12/2007Don Sadler
  Q: Nothing like waiting until the VERY last minute! Had an extension...due Monday, I have some very ...
  A: Not being a tax person, I can only speak from a lay perspective and I know our pain as I, too, have ...

Page:   1 | 2 | 3  |  Next      All


Questions by
Active Experts:
Consuelo Herrera, International Accountant and Fraud ExaminerDon Sadler 

     
About Us | Advertise on This Site | User Agreement | Privacy Policy | Kids' Privacy Policy | Help
Copyright  © 2008 About, Inc. About and About.com are registered trademarks of About, Inc. The About logo is a trademark of About, Inc. All rights reserved.