No one wants to think about fraud occurring in their business, but did you know that the latest research shows that over 50% of organizations with annual revenue of less than $1 billion were unsuccessful in recovering funds lost due to fraud. Moreover, the data shows that 65% of organizations were targets of attempted or actual payment fraud attacks.
Doesn’t sound good, does it? Small businesses feel the impact of a loss this size much more than larger organizations. The good news is, it doesn’t have to be that way.
Join us for a discussion on proper controls that accounting firms can put in place for their clients or you can put into place today to protect your business.
Learning Objectives:
- Identify common fraud schemes
- Recognize processes that may be susceptible to fraud
- Determine controls to guard against fraud
About Laura Redmond
Founder & CEO, Redmond Accounting
LauraRedmond
Laura Redmond is the CEO of Redmond Accounting Inc (RAI), founded in Silicon Valley in 2005. Laura was awarded 2023 Top QuickBooks Online Advanced MidMarket ProAdvisor and 2019 Top Client Accounting Services ProAdvisor. RAI is a boutique accounting firm providing client accounting and technology services centered around QuickBooks Online and its ecosystem of apps.
Laura created Aero Workflow, an app used by accounting firms to harness their knowledge capital, delegate work to a distributed workforce, and manage service delivery. Laura co-authored many of Intuit’s QuickBooks Online certification programs for accountants and presents sessions at national accounting technology conferences.
This webinar is part of our Redefining Value webinar series. View the other virtual events and learn more about this series.
