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.
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Palo Alto law firm loses $1m in alleged office supply scam
A purchasing specialist helped a San Francisco office supplier defraud the company of some $1 million through fake purchases of index tab dividers.
http://www.mercurynews.com/peninsula/ci_13268436
Thanks to Lisa Guerra at Atlanta Professional Accounting for submitting this story to the AuditMyBooks blog. Lisa says, “scams sound really complicated and intimidating, but stories like this one demonstrate that anyone can [...]
