Internal Controls


♪♫ At the end of 2016 Forensic Accounting Services, LLCSent 12 beguiling fraud facts unto me… ♫♪ Tips were the number 1 method of detection for occupational fraud by a wide margin – solid motivation to set up an anonymous tip line at your organization. Corruption was one of the 2 most common types of fraud in every region surveyed …

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Phishing + Spoofing = $700 Million Industry

We received a phone call from a company asking to meet with us about a new fraud issue they were experiencing. In that meeting we discovered that the company had fallen victim to an email spoofing scheme that cost them hundreds of thousands of dollars. We have since received similar calls from other victim organizations. Here’s the Story… The company …

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Happy New Year

The start of a new year makes the perfect opportunity to review internal controls within your and your clients’ companies. Here is a checklist of simple controls to get you started. Implement a strict hiring policy Past employment verification – no exceptions, call them! Full national criminal background checks. Perform credit checks if applicable. Education verification and reference checks, call …

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