No one wants to think about fraud occurring in their business, but did you know that the latest research shows that businesses with fewer than 100 employees suffered the highest median loss... to the tune of $150,000. Moreover, the median duration of fraud - the typical time between when a fraud begins and when it is detected - is 14 months.
Doesn’t sound good, does it? Small businesses feel the impact of a loss of this size much more than larger organizations. The good news is, it doesn’t have to be that way. Join us for a discussion on proper controls that accounting firms can put in place for their clients or you can put into place today to protect your business.
Laura Redmond is a financial controller and IT manager turned cloud accounting advocate and app designer. She is a QuickBooks Online power user, Advanced Certified QuickBooks ProAdvisor, member of the Intuit Trainer/Writer Network, co-author of Intuit’s award-winning QuickBooks Online training and certification programs for accounting professionals and a regular speaker at national accounting technology conferences. Laura is founder of Redmond Accounting Inc., a boutique cloud accounting and consulting firm in Silicon Valley awarded Intuit's 2015 Top 20 Firm of the Future and a top 10 ProAdvisor for "Leading QuickBooks Online Practice". Redmond Accounting's workflow is centered on QuickBooks Online and its eco-system of apps. Laura co-created Aero Workflow app used by accounting firms to manage service delivery by staff performing recurring tasks for multiple clients. The Aero Library includes step-by-step instructions and procedures for many of today’s most popular apps in the QBO eco-system.
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