The High Cost of Internal Fraud
Every so often a dramatic case of financial fraud makes the headlines because of the sheer amount of money involved. But, on average, companies with fewer than 100 employees suffer …
Behavioral Red Flags for Internal Fraud
Fraud can be uncovered in many ways: a tip, management review, internal or external audit, document examination, account reconciliation, or even by accident. In 65% of cases, someone at the …
How to Address Fraud in Your Business
Whether you’re concerned about external or internal fraud, there are only a few things you can do as a business owner to prevent and control it. But it isn’t as …
Fraud Prevention and Internal Controls Checklists
In today’s ever-evolving business environment, safeguarding your financial assets is paramount. As your trusted CPA, I felt it imperative to share with you some vital steps to bolster fraud prevention …
Protect Your Profits: How to Identify and Prevent Fraud in Your Organization
Did you know employee theft costs businesses around $50 billion each year? Or that 57% of fraud is committed by company insiders or a combination of insiders and outsiders? While …
The Financial Safety Net: How Internal Controls Protect Against Misstatements and Fraud
Financial reporting is a critical component for the successful operation of any organization. The financial information presented must be accurate and free from any misstatements or fraud. Implementing and maintaining …