Fraud Tip of the Week: Proactively Manage Fraud Risk

The website  Accounting Today recently published an article that asked a group of experts an interesting question:  Is fraud on the rise or are actual instances of fraud just being uncovered more frequently and thereby generating more attention and interest about...

Receivables, Collection and Fraud Risk

Co-authored with Cameron Goodman of Goodman Law Firm             How sound are the credit policies and practices in your business?  Some questions to consider include the following: Is there a formal credit review process prior to...

Fraud Tip of the Week: Remember, Fraud is Hidden

What is the difference between robbery and fraud? I know it sounds like a bad joke, but it is actually an important distinction to consider when thinking about fraud.  Simply put, a robber takes the money and runs while someone committing fraud returns to the scene of...

Fraud Tip of the Week: Weak Internal Controls Invite Fraud!

One frequent area of neglect in managing and running a business is the area of internal control.  This is a particularly significant problem as it relates to fraud, as any incident of fraud will involve either a lack of internal control or a failure of internal...