Camaraderie or collusion: encourage one, but not both

Management teams across the nation are encouraging team building among staff to encourage and promote employee friendships and to boost morale. I commend these organizations for promoting a healthy work environment which provides a social support network at both a personal and a professional level. Positive employee morale can lead to reduced employee turnover, reduced …

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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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