We talk a lot about the importance of having solid accounting processes and procedures in place to govern your bookkeeping. We discuss how bookkeepers, controllers and CFOs can be strategically aligned to produce advanced insights into even the most complex accounting structures. But we don’t often spend a lot of time on the downsides in the accounting department—partly because the topic is often pretty negative in the grand scheme of things. After all, the vast majority of our clients end up coming to us only after experiencing some of the worst problems in accounting and bookkeeping.
Your business may have implemented procedures to help prevent bookkeeping fraud, but they're not 100 percent.
Virtual accounting is a term that describes nearly any type of accounting that’s not done in your own company’s.
Topics: virtual accounting, fraud protection
Employee theft and corporate fraud occurs for a number of reasons. Sometimes, employees having financial difficulties.
