VITALICS Small Business Fraud Prevention and Internal Control Workbook
Occupational fraud and abuse is destructive to smaller organizations. Small Business Fraud Prevention is key to protecting your organization from fraud before it occurs. Occupational fraud can cause such a catastrophic impact on a small business they either close, or reduce their size substantially. It takes years to recover, and most organizations will never see restitution and the money is long gone. Sadly, most suspects are not prosecuted. The first step in setting up a fraud prevention and internal control plan for your smaller organization is to learn about the risks.
GAIN AN UNDERSTANDING OF SMALL BUSINESS FRAUD AND INTERNAL CONTROLS
The Vitalics Small Business Fraud Prevention and Internal Control Workbook is available in three (3) purchasing options.
- Individual purchase of the digital book
- Included with Vitalics Internal Control System Bundle
- Included with the Internal Control Report Templates Individual Category
If you purchase the product individually, it will be available through your email order link, or on the members account dashboard page. If you purchase it through a package, it will be available for download on the forms dashboard.
Table of Contents
- Fraud Statistics
- The Fraud Triangle
- Workplace Conditions
- Behavioral Warning Signs
- Occupational Fraud
- Billing Schemes
- Check Tampering Schemes
- Bribery and Corruption
- Expense Reimbursement Schemes
- Cash on Hand Schemes
- Cash Larceny Schemes
- Non-Cash Schemes
- Payroll Fraud Schemes
- Fraudulent Financial Statements
- Register Disbursements
- Internal Control Procedures
- Using Ratios to Prevent and Detect Fraud
- The Difference Between Bad Bookkeeping and Fraud
- Fraud Prevention Maintenance
Get the simple and affordable solution for SMALL BUSINESS FRAUD PREVENTION
Buy the Vitalics Small Business Fraud Prevention Workbook or the Bundle Below
Vitalics Internal Control Forms
Internal Controls for Small Businesses | Vitalics Bundle
Vitalics Bundle | Includes Over 145 Control Forms
Eleven Internal Control Categories AND the Vitalics Fraud Prevention and Internal Control Workbook
Easy to customize in Word, Excel and Adobe
No Subscription Required
Complete List of Forms
WHAT IS VITALICS
Vitalics is a small business internal control program that provides all the tools to easily set up and implement your company’s controls. Vitalics contains over 145 already created yet customizable internal control forms, checklists and templates and a fraud prevention and internal control workbook. Vitalics forms are also available separately. Whether you are a business owner, office manager, bookkeeper or accountant, Vitalics will provide you the reassurance that your work or your company assets are protected.
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Vitalics the best small business resources available!
OCCUPATIONAL FRAUD STATISTICS AND FRAUD SCHEME TYPES ACFE 2022 REPORT TO THE NATIONS
SMALLER BUSINESSES RANK HIGHEST IN FRAUD FREQUENCY
Smaller organizations continue to rank highest in occupational fraud frequency compared to larger businesses. The average loss was $150,000 per fraud occurrence.
CORRUPTION FRAUD SCHEMES
Corruption is the most common method of fraud in small businesses with fewer than 100 employees while a billing scheme is a close second.
LACK OF INTERNAL CONTROLS
Primary internal control weaknesses showed that “lack of internal controls” were most prominently present in fraud case studies while lack of management review was the next common weakness.