The most costly abuses occur in organizations with fewer than 100 employees.
Only a small percentage of fraud is reported.
The average organization loses more than $9 a day per employee to fraud and abuse.
The average business loses 6% of its annual revenue to fraud.
Categories of Fraud Services?
Fraud Prevention Services:
Proactive approach to help educate your employees or board of directors, evaluate or tighten internal controls, or monitor hotline tips.
Fraud Investigation Services: Finding answers to suspected fraud or providing peace of mind that none exists.
Specific Services
Fraud check-up
Vulnerability and risk assessment
Tests of controls
Control override assessment
Agreed-upon procedures
Collaborative investigation
Assistance with preparing a fraud policy
Employee awareness training
Board of directors awareness training
Work with you to monitor non-financial measures
Tailored engagements to fit your needs
Our
Service
Description and Benefits page shows a
general definition of our fraud services
and the typical benefits you can
expect.
Is It Happening To You?
Do you:
Receive cash or checks from customers or
clients?
Have a billing department?
Own a warehouse?
Purchase supplies?
Have employees who submit expense reports?
Have any employees with personal problems?
Have only a few people in your bookkeeping department?
Have You Noticed:
A decline in profitability?
An increase in customer complaints?
Missing invoices or other documentation?
Incidents of control overrides?
Unusual inventory shrinkage?
How To Prevent Fraud
The most effective
deterrent is a perception that you will be caught!
Create and maintain a culture of honesty and high ethics.
