According to research from The Association of Certified Fraud Examiners (ACFE), it’s estimated that global businesses and organizations lose approximately 5% of their total annual revenue to occupational fraud (i.e., fraud committed against an organization by its own officers, directors, or employees.)
The hefty price tag of occupational fraud, also known as workplace fraud, translates to roughly $7B in losses each year to businesses and organizations. This staggering cost is made even more remarkable by the fact that a significant number …
Read More
Businesses need trustworthy financial advice. We take that responsibility seriously and give you the best reports for increasing your financial health, individually and for your business.
Trustworthy advice starts with trustworthy data, every business should generate a financial analysis at least once per year. This gives you and business stakeholders a better view of the current health and future goals of the business. You then have better information to consult with financial strategists and accountants.
What is a financial analysis?
A financial analyst …
Read More
Every year brings us new technology and correlating risks. One of the risks is ever evolving online fraud and phishing scams. Scammers constantly use technology to con people out of valuable information but the most prolific time of the year is tax season.
Individuals and businesses alike are especially at risk during this time.
Here are a few essential tips to help you and your business avoid scammers.
The IRS Doesn’t Initiate Contact via Email, Text, or Social Media
Callers claiming to be …
Read More
