Forensic Accounting Services, LLC
Piecing Together Financial Puzzles®
As reported in the Journal Inquirer June 28, 2010, Connecticut joins the growing list of states and cities adopting what is termed the “ban the box” movement within the hiring process. The box the article is referring to is on the job application completed by each candidate. The question asks if the candidate has ever been convicted of a crime. …
I have posted previously on the importance of every employer to ensure employee dishonesty, employee fidelity and/or employee crime coverage is included within your current policies. Often this policy is the only means for recovery from an employee theft. Even if coverage is maintained, I am confident most insureds are unaware of two common limitations within the coverage should there …
Much media attention has been devoted to the changes coming in February 2010 regarding credit card policies, changes in interest rates, and overdraft charges. Many banks have been making rapid changes to existing credit card holders’ accounts, increasing rates and lowering limits, in preparation for the imminent changes enacted last fall by legislation. You need to read the notices and …
Tonight I did a simple Internet search through Google’s News, using the key word “embezzlement.” The results – three screens of articles just from today’s publications on recent embezzlement cases, with a wide range of perpetrators and amounts involved. The largest – a Wisconsin case – a recently discovered $4.5 million scheme by the vice president of finance at Koss. …