Keep Money Laundering From Threatening Your Small Business

When criminals profit from illicit activities, they usually need to "clean" or disguise the proceeds of their crimes. Money laundering disconnects illegally acquired funds from sources that include theft, drug trafficking and terrorism. This makes Read More

Kirsch CPA Group

Sep 05, 2023

Financial Statement Fraud: Don’t Believe Everything You Read

Financial statements are central to understanding any business. A public company's balance sheet, income statement and cash flow statement enable investors, lenders, the media and other stakeholders to value the company, forecast short- and long-term Read More

Kirsch CPA Group

Jun 01, 2023

Got Fraud? Call a Forensic Accountant

Fraud perpetrated by employees, management, vendors or customers can happen to any business. And if it does, it can take years to recover from the financial losses and reputational damage. In some cases — especially Read More

Kirsch CPA Group

May 08, 2023

Don’t Fall for Invoice Fraud Schemes

Middle-market businesses lose an average of almost $300,000 annually to invoice fraud, according to a recent survey by software company Medius and researcher Censuswide. Invoice fraud can be challenging to spot — and even more Read More

Kirsch CPA Group

Feb 02, 2023

Prevent Fraud at Your Construction Company With a Holistic Approach

Most experts would agree that the best way to minimize fraud at any company, including a construction business, is to take a holistic approach. As the owner, you must set the tone at the top Read More

Kirsch CPA Group

Nov 30, 2022

Protecting Your Business from Organized Crime

During the early stages of the COVID-19 pandemic, many cash-short small businesses turned to their banks, while others sought help from family and friends. Unfortunately, these sources weren't enough in all cases. When government aid Read More

Kirsch CPA Group

Jun 08, 2022

Commission Fraud: Salespeople Getting Paid More Than They’ve Earned

Many employees — from retail workers to sales staffers involved in complex business-to-business transactions — receive part of their compensation from sales-related commissions. To attract and retain top talent, some companies even allow employees to Read More

Kirsch CPA Group

Feb 04, 2022

Watch Out for COVID-19 Vaccine Scams

As millions of people sign up for COVID-19 vaccines across the United States, dishonest people see yet another opportunity to defraud, cheat or steal from unsuspecting victims. Don't let yourself be swept up in these Read More

Kirsch CPA Group

Apr 14, 2021

Contractors: Fraud Prevention Starts with You

From equipment theft to padded time to cyberattacks, contractors are vulnerable to a variety of fraud schemes. According to the Association of Certified Fraud Examiners, the median loss due to internal fraud is $200,000 for Read More

Kirsch CPA Group

Feb 04, 2021

Protecting the Elderly from Con Artists

Even in normal times, elderly Americans are vulnerable to con artists. But the COVID-19 pandemic — which has disrupted most seniors' regular activities and cut many off from face-to-face contact with family — has raised Read More

Kirsch CPA Group

Jan 21, 2021