Tag Archives: fraud

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

Posted in Embezzlement, Fraud Prevention, Internal Controls | Tagged , , , , , , , , , , , , , | Leave a comment

Managing Fraud, Interest Rate & Investment Risks

While the risks involved in running a business can’t be completely eliminated, there are steps business leaders can take to minimize and manage risks associated with fraud, interest rates and investments. For each of these three areas, this article… Managing … Continue reading

Posted in CFO Services, Embezzlement, Financial Strategy, Fraud Prevention, Risk Management | Tagged , , , , , , , , , , , , | Leave a comment

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

Posted in Fraud Prevention, Internal Controls | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Forensic Accounting and Litigation Support

Forensic accounting integrates an individual’s standard accounting and auditing experience with investigatory skills to permit accountants to provide useful services in legal scenarios. A forensic accountant will typically provide investigatory accounting services with the ultimate goal of offering useful evidence … Continue reading

Posted in Forensic Accounting, Litigation Support | Tagged , , , , , , , , , , , , , , , | Leave a comment

Protect Your Company Through Internal Controls

The most important tool in the effort to improve efficiency, prevent fraud, and protect company reputation is an appropriately structured accounting department. In particular, a system of internal control, also known as operational control, is imperative to the prevention of … Continue reading

Posted in Internal Controls | Tagged , , , , , , , , | Leave a comment