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Posts Tagged ‘GAAP Compliant ERP System’

Could the Wallingford CT Housing Authority Audit Disaster Have Been Avoided If They Used Microsoft Dynamics GP?

The director of the Wallingford Housing Authority in Connecticut is facing possible removal after a board-approved forensic audit that found irregularities in the WHA's financial records. According to article the audit has taken longer than expected, partly because the auditors found glaring holes in the financial records. The report indicates that the WHA failed […]

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GAAP Compliant ERP System and User Buy In

I was speaking to one of our senior consultants the other day and the subject came up on one particular issue companies face when transitioning from QuickBooks to Microsoft Dynamics GP.  She said that the striking difference between Quickbooks and GP is GAAP (Generally Accepted Accounting Principles) compliance.  For example, in today’s financial environment where credit […]

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