Fraud Prevention for AP and AR

Although the number of payments made by check is declining, checks are still the easiest target for fraudsters. Accounts Payable is on the front line when it comes to foiling the fraudsters, so it is

… Read More

Occupational fraud and abuse is a widespread problem that affects practically every organization, regardless of size, location or industry. So says the Association of Certified Fraud Examiners'

… Read More

Employees like using smartphones because the devices are flexible, versatile, and convenient. And now, the devices are increasingly being accepted by employers because smartphones can substantially

… Read More

Fraud and theft are possible in every company because most firms don’t think it will happen to them. No one is looking for signs something is wrong. But it does happen. A study done at a time when

… Read More

Ray Podraza, Bank of America, offers a checklist of steps that help to prevent both check and electronic fraud. Convert payments to ACH and other electronic methods Separate accounts for electronic

… Read More

Did you know that audit confirmation letters pose a risk to your company if they are not handled properly? The Security and Exchange Commission (SEC), requires auditors to send out audit confirmation

… Read More

Increasingly, organizations are turning to mobile technology to transfer company fls or share documents among employees from anywhere in the world. Yet mobile device use has been cited as one of the

… Read More

"The number of embezzlements occurring in businesses today is staggering – and even more so when you consider that only one out of nine cases is publicized," says Stephen Pedneault, principal of… Read More

David A. Brookmire, president Corporate Performance Strategies The implementation of Sarbanes-Oxley Act to date has been the primary responsibility of the finance function to implement and monitor.

… Read More

It seems like the fraudsters are getting more and more brazen every day. Copying or altering checks is no longer enough for them – they have graduated to stealing an organization's user IDs and

… Read More