Fraud occurs in companies of every size. But small businesses, especially new ones, have special risks because they generally can’t invest in expensive fraud-prevention programs. Thankfully, there […]
Every year, U.S. companies lose millions of dollars to vendor fraud. These schemes can be complex and usually involve collusion of multiple suppliers or suppliers and employees […]
As reported via IR-2022-119 on 8/4/2022
By regularly analyzing risk, business owners and executives can better understand and manage the likelihood and potential impact of fraud. In general, there are two types of […]
Surveillance is common in many workplaces, yet companies monitoring employee activities may keep the practice under wraps. This may be a mistake, because […]
Although most tax preparers are ethical and help ensure their clients file timely and accurate tax returns, a small percentage abuse their position […]
Although some businesses now require employees to work full-time in the office, many others allow employees to work remotely one or more days […]
Occupational fraud risk isn’t necessarily shared evenly by all business sectors. Certain industries — for example, construction, real estate, manufacturing and transportation — […]
Small businesses generally operate on principles of trust, particularly if several family members are involved. You might trust any employee to lock up […]
When criminals profit from illicit activities, they usually need to “clean” or disguise the proceeds of their crimes. Money laundering disconnects illegally acquired funds from sources that […]
