AuditMyBooks is a subscription software service that automatically analyzes small and medium business (SMB) accounting records to detect errors and possible fraud. AuditMyBooks is designed to work with QuickBooks, the #1 small business financial software application in the U.S. AuditMyBooks is available in the Intuit App Center.
The Association of Certified Fraud Examiners (ACFE) estimates that fraud cost U.S. businesses nearly $2.9 trillion last year, and that more than 30% of the cases investigated occurred at SMB’s with less than 100 employees. Businesses of this size suffer the highest median loss at nearly $150,000 per occurrence and 25% of the cases exceed $1 million in losses. When fraud is committed, it takes an average of 18 months or more to discover.




