Small businesses represent 38% of all fraud cases. Now is the time to reduce your organization's exposure to fraud by applying these tips.
Good internal policies and procedures can help businesses reduce their exposure to fraud.
The new Form 990 requires disclosure of additional financial and operating details, as well as policies and procedures related to governance and compensation. It includes a number of new schedules and tables for this purpose.
We have compiled a list of steps for Exempt Organizations subject to their first filing of the revised IRS Form 990, which is open to public inspection.
Fraud can occur in any business when all of the following elements exist: A person has an incentive (pressure) to commit fraud, there is an opportunity for the person to commit fraud , and the person can rationalize the fraudulent behavior (attitude) A well-designed computer security system is one way you can reduce the number of opportunities for fraud to occur in your business. the number of opportunities for fraud to occur in your business.