Start with the Cash

Extreme close up of female hand with pen pointing on cash flow document.After all, what is most important?

By Ed Mendlowitz
Call Me Before You Do Anything: The Art of Accounting

One time I was asked to audit a hotel in Florida that was going to be foreclosed on by the mortgagor and for which I was paid in advance.

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The audit was planned and scheduled, and it looked like we had everything under control from our end as much as we could.