“Small organizations are disproportionately victimized by occupational fraud. These organizations are typically lacking in anti-fraud controls compared to their larger counterparts, which makes them particularly vulnerable to fraud.” (“2010 Report to the Nations on Occupational Fraud and Abuse,” Association of Certified Fraud Examiners)
Your organization is at serious risk for fraud if any of the following statements apply:
We can help - businesses come to SGA because something just didn’t feel right, or an employee provided a tip that $500 or so may have been stolen. In most cases, the actual dollar amount of the theft was $100,000 - $200,000. Most of these fraudsters were employed by the organization for over 5 years and highly trusted with no prior criminal conviction.
Fraud Investigation Services
Our professionals are trained to focus in on your organization’s weakest areas and to seek out fraud by analyzing records and trends. We quantify the damages, prepare written reports for management and law enforcement, work closely with management and law enforcement throughout the investigation, and provide litigation support and expert witness testimony.
Internal Control Evaluations
We are also trained to review your organization’s accounting processes and to provide a written report with recommendations for improvements giving your organization a competitive edge to protect your assets in this vulnerable economy.
Employee tips account for 40% of thefts detected, which is 25% higher than the next closest method of detection. Providing your employees with a phone number to call if theft is suspected will be your first step to protecting your organization.
Put your focus back on your business by handing your accounting work over to our firm. When you outsource your accounting function to us, you get a team of professionals working for you. We handle your complex tax and accounting work while providing you 24/7 access to your data—and all at a fixed, affordable monthly fee.
December 31, 2019
January 15, 2020
January 31, 2020
The IRS has announced that agents will begin conducting face-to-face meetings with individuals and businesses with ongoing tax issues. These meetings will take place in areas with a limited number of available revenue officers due to declining IRS resources. According to the agency, the primary purpose of the meetings is to make contact with taxpayers with a previously known tax issue that...
In August, we let you know about the new Oregon Corporate Activity Tax (CAT). We have a few more details to share, and several items that are still “in process” per the Oregon Department of Revenue (ODOR).
As a reminder, the Oregon legislature passed a bill levying a new tax on businesses with gross receipts over $1 million. In general, the tax is calculated by...