Tag: small business owners
ShindelRock’s Karla Harrington featured on podcast “The Freelance Hustle”
Listen to the latest episode of "The Freelance Hustle", where ShindelRock Manager Karla Harrington guides listeners through choosing between different corporate entity structures; picking the right tax and accounting advisor for your needs (and how much it costs!); if your...
Report finds fraud hits small businesses harder
According to the recently released 2018 Report to the Nations on Occupational Fraud and Abuse, occupational fraud continues to drain a significant amount of money from businesses worldwide, with smaller organizations being hit particularly hard. The Journal of Accountancy recently...
Fraud controls may be lacking at smaller organizations
Small organizations, defined as those with fewer than 100 employees, lag significantly behind larger counterparts in adopting formal anti-fraud measures, as revealed by a global survey conducted by the Association of Certified Fraud Examiners (ACFE). Industries most susceptible to fraud...
Are your business assets vulnerable to theft?
Employee dishonesty, particularly when individuals have excessive control over cash and accounting functions simultaneously, poses the greatest risk of theft and fraud. By implementing fundamental internal controls and maintaining vigilant oversight of accounting procedures, business owners can reduce opportunities for...