Case Study

Multi-Corporation Development Business Seeks Outsourced Accounting Firm

Multi-Corporation Development Business Seeks Outsourced Accounting Firm

Pages 1 Pages

Case Study: Hubbard Development The Client Hubbard Development provides professional services focused on development, financing, planning, managing and coordinating of the multitude of functions required in offering a successful housing and community asset. Operating in tandem is Credit Compliance and Management, a property management company and tax credit and code-compliance monitoring company. The Challenge After several years of in-house accounting operations, a compromise in financial bookkeeping and reporting for Hubbard Development was discovered. Fortunately, management uncovered the discrepancies within a month of the bookkeeping tampering. After a two-year period of management regaining and performing the accounting duties, it became apparent that management needed to f

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