Tag - business fraud prevention

Making the Grade with your Small Business Risk Assessment

Are your books messy because of incompetence, or are they deliberately messy due to an employee covering up a fraud scheme? If your business books are incomplete, messy or unorganized, your business has a higher risk for employee embezzlement. So, how would you know the difference?  If you were constantly involved in your books, the mess would never be allowed to get out of control.  It is however, difficult to tell the difference between a bookkeeper’s messy accounting and fraud because [...]