Do accounting errors & fraud really affect small businesses?... ABSOLUTELY!
Accounting errors and fraud undermine financial decisions, result in monetary losses and in some cases even force companies to close. Read the TRUE STORIES below to see how REAL small businesses are affected by errors and fraud every day.
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Priest pleads guilty to grand larceny
Various methods were used by Father Sullivan to effect these thefts, including both the use of unauthorized checks from a parish account, and the theft of collection cash.
Link to Story.
Accountant suspected in theft of $100,000
A bookkeeper is suspected of swiping more than $100,000 from a local nonprofit group that links students with scientists, withdrawing some of the cash at a casino ATM.
Link to Story.
