Are you doing the simple things to protect yourself from internet fraud? The following checklist outlines a number of preventive measures that will assist you in combating the constant onslaught of internet fraud.
One of your most trusted employees is your payroll clerk — he or she has access to company bank accounts and personal employee information (e.g., Social Security numbers, bank account details, compensation amounts). However, your most trusted employees are usually the ones who are involved in an embezzlement.
The first step in discouraging employee theft is establishing a proper “tone at the top” in regard to ethical behavior. Next, consider implementing the following proactive steps to deter employee theft at your company before it becomes a problem.
At first glance, the valuation of intellectual property may not be the first thing you think of during the course of a commercial bankruptcy. While most hard assets, such as accounts receivable, inventory and tangible assets, are already pledged as collateral, intellectual property – including trade secrets, permits and patents – can represent a ”hidden” […]
Co-authored by Frank Suponcic, CPA, CFE, CFF Partner As a society, we have become accustomed to media reports alerting us to varying data breeches involving bank accounts and credit cards. If it can happen there, can it happen to your brokerage account? Yes. In fact, they already have. And the losses can be staggering; to […]