The ‘Too-Happy Bookkeeper:’ Top 10 Tips on Preventing Employee Fraud

Research shows that small businesses are often more vulnerable to fraud than their larger counterparts because they maintain fewer employees. Companies with fewer employees tend to have less segregation among duties and fewer internal accounting and auditing controls. Smaller company owners and employees develop closer relationships and trust, which can cause owners to be less…

Creating the Fraud Resistant Company

Winston Churchill once said, “Civilizations that forget their past are doomed to repeat it.” A 2008 year-long national study revealed that employees, customers and suppliers stole more than 7% of the average U.S.-based companies’ revenues. The same study showed that during the massive frauds in the late 1990’s and early 2000’s, external CPA firms were…