Is Small Business Safe from Fraud?

Many small business owners have a feeling of invincibility when it comes to employee fraud.  Their “dedicated” and “loyal” employees would never steal from them.  Or maybe they are just too small to make any theft worthwhile.  The Association of Certified Fraud Examiners (ACFE) thinks otherwise and has the statistics to back it up. Recently …

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ACFE 2012 Global Fraud Study Findings Relating to Occupational Fraud Prosecution and Litigation

The Association of Certified Fraud Examiners (ACFE) recently issued its 2012 Global Fraud Study entitled “Report to the Nations on Occupational Fraud and Abuse.” The Report provides an analysis of almost 1,400 fraud cases investigated worldwide and contains data and findings related to the nature and costs of global fraud. As a forensic accountant specializing …

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Is Your Company Vulnerable to Fraud? Part 1

Evaluate your business’ vulnerability with this simple checklist The opportunity for fraud in your business may be greater than you think.  It may be quite easy to pull off and it may come from one of your most trusted staff.  How does your company measure up in controlling the potential for fraud and what can …

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Fraud in the Workplace – A Novel Use of Bank Statements

Cora was a very bright accountant. She was also very creative at her job – especially when it came to stealing money from her company. Cora was the Controller for a commercial property management company, known as Promanco (well, actually, that’s not the company’s real name, but we’ll use it to protect the privacy of …

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