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.
0
An Analysis of the Underlying Causes Attributed to Restatements
The majority of restatements (57 percent) filed from 2003 to 2006 are attributed to internal company errors, inconsistent with the conventional wisdom that the complexity of the accounting standards drives most restatements.
Link to Story
