5 Costly Mistakes to Avoid When You Suspect Fraud in Your Organization

David R. Youngstrom

Many workplace crimes are "inside jobs." They can involve employees stealing cash, inventory, equipment or intellectual property, or they could include more sophisticated schemes such as bribery, kickbacks or payroll fraud. Internal fraud investigations can pose numerous challenges. Here are five costly mistakes an organization can make ... Read More

Spotlight on Fraud in the Manufacturing Industry

Amy Buben

The Association of Certified Fraud Examiners (ACFE) has published its 2016 Report to the Nations on Occupational Fraud and Abuse. The latest biennial study breaks down white collar crimes by industry, highlighting the common scams that manufacturers need to watch for and ways for them to minimize potential losses from fraud. How much doe... Learn More

The Four Cornerstones of Internal Controls

Christopher Sheridan

Employees of most small to mid-size businesses are seen as part of the family, and business owners could never imagine that their family would steal from them. In fact, employees pose the greatest fraud threat in today’s economy. In its 2016 Report to the Nations on Occupational Fraud and Abuse, the Association of Certified Fraud Exami... Avoid Fraud

Eight Ways to Prevent Expense Account Fraud

Yeo & Yeo CPAs & Business Consultants

Your employees may be cheating your company by turning in bogus expense reports. While each of these transactions may be small, they can add up to a bundle. Not only does expense account abuse erode profits, it creates an environment in which employees think they can get away with stealing -- and perhaps move on to more lucrative fraud... Learn How

Combat Fraud and Identity Theft by Reviewing Your Statements Each Month

Yeo & Yeo CPAs & Business Consultants

With the prevalence of automated bill payment, many busy consumers don't bother to review their monthly bank or credit card statements anymore. Or they may review only those charges above a certain dollar threshold. But a recent indictment by the Federal Trade Commission highlights how important it is to review every line item on your ... Learn How

Protect Your Accounts from Identity Theft and Fraud

Yeo & Yeo CPAs & Business Consultants

From mobile apps to the Internet, technology has transformed our lives. It facilitates financial transactions and the transmission of information. But it also brings risks. There are weekly news stories about sensitive personal data being hacked online and sold on the black market. Thieves use personal data to access accounts, open n... Learn How