Preventing Fraud in Small Businesses

In the 2010 Report to the Nations on Occupation Fraud and Abuse, published by the Association of Certified Fraud Examiners, it was reported that in an average business organization 5% of all revenues are lost to fraud.  In addition, it reported that 30% of all frauds occurred in business with less than one-hundred employees.  This session is designed for both the small business owner and the auditors of small businesses.  We start with an introduction to employee fraud and what it looks like followed by how employees steal cash, inventory, equipment, and check fraud.  After each session, how to detect and prevent the specific types of fraud are discussed.

If youíre a small business owner and were provided the opportunity to increase your profits by as much as 5% of your gross revenues, would you take advantage of it?  By being aware of how fraud occurs, the indicators of fraud and how to prevent it, this presentation is providing you with such an opportunity.   If youíre an auditor of small businesses, if you were able to advise your client how they could increase their profits by as much as 5%, your value to them would increase substantially.  In either situation, the opportunity is being presented but itís up to you to take advantage of it.

Eight Hours