Cognizant of the rampant escalation of fraud in the business world, the owner of a mid-sized retail establishment took great care in establishing fraud deterrence measures to protect the company. With more than 80 percent of the company’s sales paid in cash, multiple checks and balances were put into place to make sure each day’s… Read more »
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Posts Tagged: forensic accounting services
Outsourced CFOs Bring Big Benefits at Reasonable Cost
Many small- to medium-sized businesses rely on their controller or accounting manager to handle routine financial and accounting matters. But what if a company’s financial needs exceed the basic functions their controller or accounting manager can provide? What happens when the more specialized services of a Chief Financial Officer (CFO) are needed, but the company… Read more »
Financial Statements Can Be Invaluable in Fraud Deterrence
Financial statements issued by companies, government entities or organizations can be invaluable tools in fraud deterrence. But too often, the people in charge don’t bother to read these statements on a regular basis, and those who do often don’t understand what they are reading. Understanding your financial statements, and knowing what to look for, are… Read more »
A Disaster Recovery Plan Can Help your Business Survive a Disaster
Disasters are in the news every day. Tornadoes. Hurricanes. Sinkholes. Floods. Fires. As a matter of practice, you’ve probably insured your home, your business, your health and your very life in the event disaster strikes. But what do you actually do when the immediate threat has passed? Do you have a disaster recovery plan in… Read more »
