Washington Post Study Targets Fraud Disclosures
More than 1,000 nonprofits checked the box on Form 990 for reporting a “significant diversion” of assets, according to a WashingtonPost.com article on the “hidden world of thefts, scams and […]
More than 1,000 nonprofits checked the box on Form 990 for reporting a “significant diversion” of assets, according to a WashingtonPost.com article on the “hidden world of thefts, scams and […]
A former mechanic, with authority to approve some maintenance contracts, recently pled guilty to stealing $1.1 million from the Woodruff Arts Center, the Atlanta area’s largest cultural center. He faces […]
Study the balance sheet of most retail or manufacturing businesses, and you’ll find inventory near the top of the asset list. Accountants define inventory as raw materials, supplies, work in […]
The U.S. Commerce Department estimates that American companies lose $20 billion to $40 billion annually to employee theft. It’s a huge problem, and small retail businesses tend to suffer disproportionately. […]