Preventing Small Business Fraud
Registration is Closed
Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.
Most small businesses do not go bankrupt because business is not good. As a rule, it’s because the focus of the business owner is out front where the action is and not in the back where the real action is. Business owners are focused on selling and not accounting or internal controls. They don’t need internal controls because they know their employees; they trust their employees.
This presentation is an overview of why trusted employees steal; the many ways they steal; how to detect the fraud when it occurs and most importantly, how to prevent the theft in the first place.
- Identifying risks
- Analyzing how an honest employee rationalizes it’s OK to steal
- Establishing a positive Tone At The Top
- Implementing some common-sense internal controls
- Perception of Detection as a deterrent to fraud
- Managing risks