The number one reason employees steal from their employers is...because they can.

In a recent study of fraud conducted by the Association of Certified Fraud examiners, small privately held companies (fewer than 100 employees) are the most vulnerable to occupational fraud. In fact, small companies are 100 times more vulnerable to fraud than large companies.

Median amount of loss is $100,000

Average fraud scheme lasts 18 months

Very little or no recovery of funds lost

At Beach Freeman Lim & Cleland, we understand that our clients could be severely impacted by fraud and we take this risk very seriously. We also know that our clients are cost conscious so we help each client design a budget oriented but effective system of internal controls to assist in the prevention, deterrence and detection of fraud.

Beach Freeman Lim & Cleland's fraud prevention experts can help you as follows:

Evaluation of and recommendations for improved internal controls

Document and test to ensure that what is documented is actually functioning

Review documentation to determine if fraud has occurred and/or determine how much has been taken

Click Here for a sample of Critical Fraud Prevention procedures that all businesses should consider.