A majority of perpetrators of church fraud are first-time offenders without a criminal history, and most are long-time employees of the church. This article gives tips on how to protect the church’s resources and improve financial oversight.
The primary purpose of an internal audit is to help to identify and assess operational, financial and compliance risks that a company faces. Learn more.
If you can’t remember the last time you signed your business’ IT policy, use this checklist to spur conversation about your business’ data security.
Do You Know the Three Factors Needed to Commit Fraud? Click here to learn how to protect your company with proper internal controls.
LBMC has found the use of cloud software to offer many benefits to remedy these challenges. This article covers five key benefits.
Why add an internal audit function to your company? Click here for three quick reasons.
The ACFE reports that organizations without an anonymous hotline suffered 66% higher average fraud losses than those lacking this prevention mechanism.
Sponsoring a 401(k) plan is a personal responsibility that company leaders assume as fiduciaries of the plan. A key fiduciary duty is having an audit conducted by a qualified independent accountant once the 401(k) plan reaches 120 participants.
This blog covers questions like: How much does fraud cost? Which schemes are most common? How can we fight fraud? How should victims handle allegations?
Small organizations can set up internal controls that deter and detect fraud. Here’s what you can do to implement these controls.