Cengiz Karakas

Fraud Risk Considerations

October 19, 2022by Cengiz Karakas

The fraud refers to intentional misrepresentations regarding financial information by one or more individuals among management, employees or third parties.

Business Law

The important thing is not to form a company, but to build a blissful structure that is planned, creates value and includes dreams. You can be sure that the importance of how you button the first button of the shirt will emerge over time.

Audit & Assurance

Audit Risk Considerations

August 13, 2022by Cengiz Karakas

The auditor should plan and perform the audit to obtain reasonable assurance whether the financial statements are free from material misstatement due to error or fraud, in order to provide an appropriate basis for expressing an opinion on the financial statements.

Audit & Assurance

An overview of the Single Audit’s function, historical process, and practice

August 1, 2022by Cengiz Karakas

An overview of the Single Audit’s function, historical process, and practice Each year, the federal government awards billions of dollars grants to state and local governments and nonprofit organizations for the public interest as a national commitment to key strategic objectives including healthcare, education, social services, and so on. It has come to a point...

Accounting & Tax

What is the QBI deduction?

July 4, 2022by Cengiz Karakas

The qualified business income deduction (QBI) also called Section 199A is a tax break that allows eligible self-employed and small-business owners to deduct up to 20% of their qualified business income.

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