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Protecting Your Business: What Every Business Owner Needs to Know About Bookkeeper Fraud

Basis 365

Bookkeepers play a vital role in maintaining accurate records and ensuring the smooth functioning of your business. However, it is essential to know the potential risks of bookkeeper fraud. Let's shed light on what business owners need to know about bookkeeper fraud, including statistics highlighting its prevalence.

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Fraud Detection and Prevention: Fraud Through Employee Reimbursements

Withum

For over 15 years, Sherry faithfully served the small labor union as their beloved bookkeeper. At the same time, at the advice of its consultant, management also changed the firm’s auditor. As was usual in its audit practice, ACME CPAs designed procedures to test employee reimbursements. The Incident.