Avoid duplicate payments for a healthier business
When financial controls fall to the wayside, mistakes are likely to occur.
Recovery Audit
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Construction company accountant sentenced to prison in embezzlement case
Every organization is susceptible to fraud if the correct preventative steps aren’t taken.
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Massachusetts University Official Charged with Larceny for Fraudulent Purchases
A former university official has been charged with Larceny after using his procurement card to purchase hundreds of Visa gift cards, which were then sold for cash or exchanged for illegal drugs. Robert Walmsey, 34, was arrested on Tuesday after an investigation by the Massachusetts State Attorney General. He was a former employee at Framingham […]
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Ohio man accused of embezzling credit union funds
Firms need the assurance provided by accounts payable and recovery audits in order to feel confident that executives aren’t mishandling the funds with which they’re entrusted.
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Maine health care clinic closes after employee embezzles funds
Lack of care in financial monitoring can open the opportunity for less-than-trustworthy employees to perpetrate fraud – and often, the results can put an end to a business.
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Online loan scam took hundreds from victim
The Internet has made it easier for individuals to rapidly share and receive information about a wide range of topics.
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$400,000 lost in embezzlement
It is important that individuals keep
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Wayne County jail project over budget, recovery audit needed
Going over budget is always a risk when organizations undertake important large-scale projects.
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Companies need to take duplicate payments seriously
There are many diverse aspects involved in running a solid business, of which maintaining strong control over financial processes is just one.
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Recovery audit turns up millions for California city
It never hurts an organization to check that its financial processes are running smoothly.
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Florida school to conduct recovery audit
Audit solutions don’t only come in handy when leaders suspect fraud.
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Recovery audit discovers Kansas Port Authority owes money
With the help of recovery audits, businesses can discover the source of discrepancies in accounts, allowing them not only to possibly rectify these losses but fix the issues that generated them in the first place.