Employee fraud is often a surprising and unexpected event. Unfortunately this activity is usually uncovered only after large sums of money have been taken from the company. The culprits are often long-time employees that are the last people one would think of as the perpetrator. They are able to take small amounts of money over an extended period of time because they are trusted and have access to financial records and accounting systems. Fraud is an inherent business risk with far-reaching ramifications – it should not be ignored!

Stopping fraud before it becomes a problem is of key importance.
We understand how pressure, rationalization and perceived opportunity
contribute to the occurrence of fraud. You can minimize your risk of
employee fraud by limiting perceived opportunity through an effective
internal control system. Ahlbeck & Company has outlined some simple
procedures which address basic internal controls and safeguards needed to
reduce the risk of fraud. Our fraud brochure addresses the basic areas of cash, segregation of duties, payroll, disbursements and billing.

We are committed to increasing fraud prevention and client awareness through ongoing professional training in this specialty area. Technical training and diverse engagement experience allow our professionals to perform a review of internal controls with an emphasis on fraud deterrence or investigation of suspected fraud activities. We also provide board training and education in addition to loss analysis services following detection of a fraud.

As your business grows, we can continue to work with you to reduce the risk of fraud. Our professionals can help you implement changes and assess the strength and adequacy of internal controls. Ongoing evaluation and monitoring of your internal control system is critical in minimizing fraud risk.

Click above to download our Fraud Prevention brochure.