Jul 16, 2024 | Beer, Blog, Cider, Fraud Prevention and Investigation, Manufacturing, Real Estate and Construction, Wine
For many businesses, such as retailers, manufacturers, and contractors, strict inventory control is central to operations. If you don’t track inventory accurately, you cannot effectively produce goods, meet customer demand, and realize profits. During your...
Jul 3, 2024 | Blog, Fraud Prevention and Investigation
Every two years, the Association of Certified Fraud Examiners (ACFE) publishes a study detailing the costs, schemes, perpetrators, and victims of occupational fraud. “Occupational Fraud 2024: A Report to the Nations” covers more than 1,900 cases of white-collar crime,...
Apr 15, 2024 | Blog, Fraud Prevention and Investigation, Nonprofit
Many businesses support their communities by donating to local charities. While there are many nonprofits that deserve your support, some exist solely to facilitate fraud. How can you avoid the latter? Familiarize yourself with the deceptive tactics scammers use and...
Mar 15, 2024 | Blog, Fraud Prevention and Investigation
By regularly analyzing risk, business owners and executives can better understand and manage the likelihood and potential impact of fraud. In general, there are two types of business risk: inherent and residual. Inherent risk is what exists before management takes...
Feb 5, 2024 | Blog, Fraud Prevention and Investigation
Fraud occurs in companies of every size. But small businesses, especially new ones, have special risks because they generally cannot invest in expensive fraud-prevention programs. Thankfully, there are simple yet effective strategies that can reduce the likelihood of...
Oct 16, 2023 | Blog, Fraud Prevention and Investigation
Occupational fraud risk is not necessarily shared evenly by all business sectors. Certain industries — for example, construction, real estate, manufacturing, and transportation — are usually more vulnerable to employee theft, according to the Association of Certified...
