How to optimise fraud prevention in your business.
Fraud is more likely to be carried out from within a business than from outside, and the cost of complacency when it comes to fraud is very high – in fact a lot higher than you might realise. It is important (and more cost effective) to have preventative measures in place, rather than thinking it won’t happen to your business.
The cost of fraud is not only monetary. It can impact on the reputation of a business, and prevent the owner from obtaining credit when needed. It can also affect other employees and cause a loss of trust and reduced morale.
Fraud doesn’t just happen in big business, nor is it always some huge dramatic operation you might hear about on the evening news. Internal fraud can often be very insidious, almost boring in a way – occurring one bit at a time and resulting in an accumulation of financial losses before being discovered.
Join Bernard Whebell from Ulton as he discusses and covers the following topics:
• Technology Fraud
• Fraud Prevention
• Fraud Check-Up
• Procurement and Kickback Fraud
This is the final instalment of a two part Fraud and Forensics series which will help you and your employees become your first line of defence against fraud.
Presenter: Bernard Whebell – Partner, Ulton
Bernard is an Ulton partner and has a long history of providing audit and assurance services to a large number of private and publicly listed companies. Bernard’s audit expertise and experience has paved the way for his progression into Forensics.
Bernard holds a Graduate Certificate in Business (Forensic Accounting) and has previously undertaken many forensic assignments, such as valuations, fraud claims and providing expert witness evidence in court.
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