Postings by Art Berkowitz on ethics and fraud. Most of them are serious, but sometimes we also need to have a little fun. Orange County, California, United States. is an author, speaker, and consultant from Orange County, California. Art has also written a weekly online column for The Wall Street Journal.

Accounting Evidence Ltd are forensic accountants specialising in crime and proceeds of crime, including restraint, confiscation and civil recovery proceedings under the Proceeds of Crime Act 2002 and earlier legislation. We are a member of the Network of Independent Forensic Accountants and we act in cases throughout England and Wales. Sign-up to the Accounting Evidence newsletter here! Click here for our blog.

Inventory turnover is the ratio of cost of goods sold by a business to its average inventory during a given accounting period. It is an activity ratio measuring the number of times per period, a business sells and . Accounts receivable turnover is the ratio of net credit sales of a business to its average accounts receivable during a given period, usually a year. It is an activity ratio which estimates the number of times .

The Effect of Errors on Profits. Correction of Errors not affected by Trial Balance.