SmallBusinessNewz

5 Steps for Preventing Employee Fraud

Did you realize that a typical organization loses up to 5 percent of its annual income to fraud? This information is one result of an annual survey of Certified Fraud Examiners conducted by the Association of Certified Fraud Examiners. As reported in the video below, these losses could be very harmful to small businesses.

Fraud A Big Problem For Small Businesses

Large companies are often blessed with large safety nets.  Small companies tend to operate on the opposite side of the scale.  Be extra careful, then, as a report from the Association of Certified Fraud Examiners indicates that small businesses are being hit hard by fraud.