Tag Archives: embezzlement

Internal Controls: Essential Periodic Testing & Maintenance

This week’s post and linked full article are by Sherry Rahbar, Partner, CFO Edge, LLC. With recent reports that three out of every four companies experience fraud of some type, it is essential that Los Angeles and Southern California executives submit … Continue reading

Posted in CFO Services, Embezzlement, Fraud Prevention, Internal Controls, Los Angeles | Tagged , , , , , , , , , | Leave a comment

Trust, But Verify Your Processes & Procedures

This week’s article is by William K. Thorpe, Partner, CFO Edge, LLC. Los Angeles and Southern California executives can benefit from financially and operationally applying a three-word phrase used by President Ronald Reagan in the 1980s: “Trust, but verify” your … Continue reading

Posted in Accounting & Finance Departments, CFO Services, Corporate Governance, Embezzlement, Financial Operations, Fraud Prevention, Los Angeles | Tagged , , , , , , , , , | Leave a comment

Preventing Fraud: 12 Recommendations for People, Processes & Technology

This week’s post and full article are by Michael K. Menerey, Partner, CFO Edge, LLC. Many Los Angeles and Southern California executives may believe fraud and embezzlement are not likely to happen in their companies because they have trustworthy employees. The … Continue reading

Posted in CFO Services, Embezzlement, Fraud Prevention, Internal Controls, Los Angeles, Risk Management | Tagged , , , , , , , , , , , | Leave a comment

Prevent & Detect Fraud Before It’s Too Late

This post and linked full article are by Howard Goldman, Partner, CFO Edge, LLC. While many Los Angeles and Southern California executives believe that embezzlement and fraud would never happen in their companies, both can occur in any business. Employees … Continue reading

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Risk Management: Focus on These Three Areas

Risk is involved in every aspect of life, but business leaders and entrepreneurs usually deal with a higher degree of risk than most people. Starting and managing a business is inherently risky, of course, and most business executives try to … Continue reading

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The Role of Internal Controls in Fraud Prevention

In our last article, we talked about how in a sluggish economy like the one we’re now facing, companies may be at an increased risk for internal fraud and embezzlement. When times are tough, it’s easier for some employees to … Continue reading

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How to Guard Against Fraud and Embezzlement

A sluggish economy like the one we’re now facing has many potential repercussions for businesses: slower sales, less revenue and lower profits, to name just a few. Another one that doesn’t always occur to CEOs and CFOs is a higher … Continue reading

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