GMN International | International Accounting Association | The Importance of Detecting and Preventing Business Fraud


The Importance of Detecting and Preventing Business Fraud

May 2014 - Fraud, which includes the diversion of company funds, check forgery, and embezzlement, is still a major concern for most companies.  In small and medium-sized businesses it is an even greater concern, primarily due to the small number of personnel in the accounting departments, the lack of segregation of duties and the lack of controls in place to prevent and detect fraud.  Unfortunately, much of this type of fraud is committed by long-term, trusted employees who have access to the physical assets or cash, are highly respected by management, have unfettered responsibility and access to financial records, and are not regularly monitored by management.

Download and continue reading about "The Importance of Detecting and Preventing Business Fraud"


Tel:  +44 (20) 8866 2802
E-Mail:   This email address is being protected from spambots. You need JavaScript enabled to view it.
29 - 30 Fitzroy Square
London, W1T 6LQ
United Kingdom
GMN International Social Media:
rss-feeds twitter facebook lnkd you-tube
Web presence created with sweetness from Copyright