Fraud Prevention – Make Your Company Less Vulnerable to Fraud

All businesses, no matter the size or industry, are susceptible to fraud. As a matter of fact, businesses lose about five percent of revenues each year to fraud, according to the ACFE (Association of Certified Fraud Examiners) 2014 Report to the Nations on...

SALT Update: Substitute Revenue Ordinance

On Nov. 2nd (at 6:23 in the evening) Rahm Emanuel signed into law a Substitute Revenue Ordinance. Contained in it were changes to the City’s Personal Property Lease Transaction Tax (“Transactions Tax”), particularly in regards to nonpossessory computer leases (which...

The Low Hanging Fruit: Employee Expense Reporting and Fraud

No one intentionally seeks to make their life more complicated than is absolutely necessary. It just wouldn’t make sense. This general rule also applies in situations involving fraud. An individual who commits fraud will generally commit fraud using the simplest...