Factor in Fraud When Selling Customer Invoices
If your business struggles to generate steady cash flow from operations, factoring is a possible solution. With factoring, a business sells the right to collect on customer invoices to a […]
Post Author: Anthony LaNasa CPA CFE
How To Reduce Accounts Receivable Fraud Risk
One of the most common routes for occupational fraud perpetrators runs through the accounts receivable department. Unless you’re aware of these accounts receivable fraud schemes and take steps to prevent […]
Making an Estate Plan? How to Avoid Fraud & Fraudulent Transfers
If you have an estate plan and also have creditors, you could be a fraud perpetrator — without knowing it or intending to defraud anyone. In some circumstances, creditors can […]
Put Employees to Work Fighting Fraud
You may have the best internal controls in the business world, but if your employees don’t follow them, your company is at serious risk for fraud. The same is true […]
New PPP Rules, Applications, and Loan Forgiveness Revealed
New PPP Loan Forgiveness Application The US Small Business Administration (SBA) and Treasury updated their loan forgiveness forms on January 19, 2021. Among these is the PPP Loan Forgiveness Application […]
Make Your Fraud Contingency Plan a Blueprint for Swift Action
Over the past year, most businesses have been forced to contend with multiple crises, including COVID-19, social unrest and financial challenges. The last thing you need right now is a […]
Valuing Noncash Donations: A Cheat Sheet
Many not-for-profits experience a flood of last-minute donations at the end of the year. Although cash is easy to value, valuing noncash donations is trickier. If you’re struggling to assign […]
New Year, New Fraud to Watch Out For
Whew, you made it through 2020! But don’t rest easy yet. Unfortunately, fraud perpetrators enjoyed a profitable year, and there are signs they may continue to feed off Americans as […]
PPP2 Details and Application Process
The new $900 billion stimulus bill, the Consolidated Appropriations Act, provides a variety of financial stimulus measures, including $284 billion for a second round of Paycheck Protection Program […]
Prevent and Detect Insider Cyberattacks
Sometimes a company’s biggest cyberattack threat comes from the inside. Here are some tips to help you prevent and detect insider cyberattacks. In one recent cybercrime scheme, a mortgage company […]
Preparing a Fraud Case for Law Enforcement
If you’ve caught an employee stealing from your company, you may think that turning the person over to the police will result in prosecution. That’s not necessarily true. Law enforcement […]
Congress Passes $900 Billion COVID Relief Bill
The U.S. Senate and House of Representatives passed a $900 billion COVID-19 relief bill 12/21, that provides $600 stimulus payments to individuals, adds $300 to extended weekly unemployment benefits, and provides […]
