Preventing fraud in your company

Fraud — both external and internal — can affect your company’s bottom line and generate a negative image in the public sphere. This can result in damage to your reputation and loss of credibility, leading to associated challenges.

There are a number of ways to minimize the potential for fraud and its effects on your company. Understanding different types of fraudulent activity and educating yourself and your employees about how it occurs and how to identify it is a good place to start. From there, you can incorporate procedures using a system of checks and balances, to help prevent fraudulent activity from occurring in the first place.

In this guide, you'll learn about:

• The importance of internal controls
• Implementing rigorous cash handling procedures
• How to prevent cheque fraud from affecting you
• Avoiding mail fraud
• and more!