Research has shown that most accounting errors result from simple mistakes.  A great example ripped from the headlines…

http://www.dentonrc.com/sharedcontent/dws/drc/localnews/stories/DRC_mustang_0315.374d5285.html

“Over time, Mustang made some accounting errors and we actually underbilled them [customers].”  What’s the cost of uncollected revenue?… missed opportunity, confused customers, tax implications?  An ounce of prevention…