Recent Posts by Bruce
Reducing the risk of business fraud
Employees are entrusted to safeguard and control bank accounts, receivables, inventory, and the books and records of the company. While most employees will never abuse this trust, those who do commit fraud schemes can cause organizations to suffer significant financial losses. Fraud perpetrated by employees is known as “occupational fraud”. The Association of Certified Fraud
... Read MoreChanging trends: The financial impact on food companies
Many well-established food companies have been impacted by three significant and converging consumer trends over the last few years. First, consumers are eating more meals and snacks at home because of the pandemic. Second, there has been a shift, particularly amongst younger shoppers, to purchase products from local or organic producers. Third, there continues to
... Read MoreYou suspect fraud – how a forensic accountant can help with your investigation
Your bookkeeper has informed you of suspicious entries in your company’s records. You suspect that a member of your finance team has misappropriated funds and transferred merchandise to their own company. What should you do? The first step is to inform your corporate counsel of the events that have taken place. This may result in
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