MKS&H Articles

How to Prevent Business Fraud

[fa icon="calendar'] Sep 3, 2014 10:11:28 AM / by admin posted in small business, Audit and Accounting, Anti-fraud controls, fraud

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Think fraud cannot occur in your organization? Think again. No organization is immune to fraud. All organizations are susceptible to fraud whether they realize it or not. Did you know that small businesses are the organizations most susceptible to fraud? Much of this exposure comes from the “it couldn’t happen here” mindset and a lack of awareness of fraud risks and detection measures. Proactive fraud prevention and detection measures are vital in managing fraud risks. Anti-fraud controls are associated with reduced fraud losses and shorter fraud duration.

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