Insight Tag: Fraud Prevention

Internal controls are processes and procedures designed to ensure that accounting data is properly authorized, recorded and reviewed to ensure its accuracy. These also include controls to ensure that physical assets are properly safeguarded to prevent misappropriation. If you’re a small business owner, you may find that you often face limited accounting staff and are … Continued

If you went home to find that someone broke in and took your valued possession, you’d notice, right? Would you, or anyone within your organization, notice if something came up missing from your evidence room? Probably not. Often the property and evidence room is a pretty low priority for you in terms of operation, staffing … Continued

Do you have department heads, principals or administrators with the ability to request, receive and approve payments for a good or service? Do you have secretaries, principals, department heads or administrators that are resistant to follow procedures or forget to return the packing slip or receiving copy of the purchase order? If you answered yes … Continued