The Five Keys To Fighting Small Business Fraud
“So it’s not surprising that fraud in the workplace increasedduring the economic crisis and recession. The median loss tied to occupational fraud is $160,000, according to the Association of Certified Fraud Examiners’ 2010 report, so companies have every right to be concerned. Moreover, the group says small businesses are especially vulnerable.”
“Fraud typically occurs when someone has an incentive, such as financial pressure, and opportunity, according to Michele Edwards, who heads the fraud prevention and detection practice of PRGX, a Chicago-based audit, analytics and advisory services firm. The recession certainly left many people facing new financial pressures.”
Photo by elhombredenegro
Related articles
- Scary Retirement Numbers (baybusinesshelp.com)
