Do accounting errors & fraud really affect small businesses?... ABSOLUTELY!
Accounting errors and fraud undermine financial decisions, result in monetary losses and in some cases even force companies to close. Read the TRUE STORIES below to see how REAL small businesses are affected by errors and fraud every day.
World of forensic accounting unveils how companies are cheated
Millions of dollars are missing from a Milwaukee company, and an employee is charged with stealing a staggering sum of money. How deep the fraud goes is something investigators are still deciphering.
Link to Story.
CFM6KVHH5ACR
Regular reviews can deter fraud by trusted staff
One doesn’t have to look far in legal databases to find instances where companies have been victims of fraud. Organizations from law firms to banks, department stores, locksmiths and real estate companies have been victimized, often by those closest to them — their employees or suppliers.
Link to Story.
