Category Archives: Fraud prevention

A fraud prevention app on a phone, to illustrate Occupational, Internal and Employee Fraud- how to detect and prevent it pt 2, by Rolf Neuweiler, a2zCFO.com

Occupational, Internal and Employee Fraud- how to detect and prevent it (Part 2 of 2)

By Rolf Neuweiler 06-02-2021

Occupational fraud prevention & detection require a company to set up a reporting system, implement internal controls, & engage employees. In Part 1, we talked about three types of fraud, and the “fraud triangle”. In Part 2 we will discuss fraud prevention and detection to reduce losses. Preventing fraud is much easier and less costly […]

A disguised man committing fraud with a laptop, to illustrate for Occupational, Internal & Employee Fraud- What & Why, Pt. 1 of 2, by Rolf Neuweiler, a2zCFO.com

Occupational, Internal & Employee Fraud – What & Why (Part 1 of 2)

Accounting Asset misappropriation Business Management Corruption Ethics & Fraud Fraud prevention Incentive

By Rolf Neuweiler 05-01-2021

Internal fraud is a universal and an “evergreen” problem across all industries and cultures. Failure of ethics and the struggles therewith are just part of human nature. A typical organization loses about 5% of its annual revenue each year due to employee fraud (2014 Report to the Nation on Occupational Fraud and Abuse, by the […]

Audit accounting books and employee transaction records by CFOs helps detect internal fraud and employee theft. Rolf Neuweiler, A2ZCFO (image: audit accounting)

Fraud Detection and Prevention – Part 2 of 2

Accounting Business Management CFO Consulting Fraud prevention

By Rolf Neuweiler 12-01-2019

In July 2019, in Part 1, we discussed about detection of internal fraud and employee theft in a company. In Part 2 here we are discussing about ways for fraud prevention. Internal fraud and employee theft in a workplace can be catastrophic to any company, it can be life threatening to a small business with […]

The Seven Signs of Ethical Collapse: How To Spot Moral Meltdowns in Organizations

Accounting Brand Business Management Fraud prevention Legal Strategies

By Rolf Neuweiler 11-01-2019

In the book “The Seven Signs of Ethical Collapse” by Marianne Jennings, JD., these seven signs are listed for spotting an organization’s ethics crisis that can bring down corporations like Enron and other businesses and nonprofits: Pressure to maintain the business numbers Culture of fear and silence A “bigger than life” CEO and awe-struck direct […]

Fraud Detection and Prevention – Part 1 of 2

Accounting Business Management CFO Fraud prevention

By Rolf Neuweiler 07-28-2019

Internal fraud by employees in a workplace can be catastrophic to any company, it can be life-threatening to a small business with limited resources. In Part 1, we will discuss about employee theft and fraud audit detection. Next month in Part 2 we will address prevention issues. Who steals from employers? According to the shocking […]

Old and New Scams for Stealing Identity in Today’s Digital Age

Business Management Financial Statements Fraud prevention Strategies

By Rolf Neuweiler 05-28-2019

Every day we get calls and receive emails from unknown sources and spammers. The following are not exhaustive lists of scams, as identity thieves are “evolving” with more sophisticated ways to breach cyber security. Here are the top 10 scams from Consumer Reports: Debt collection Fake government officials – IRS, Social Security, State Department, etc. […]

Spotting IRS impersonators can protect personal & employee information related to tax return filings., Rolf Neuweiler, A2ZCFO (image: impersonator stealing)

IRS Impersonators and Scams Related to Tax Returns

Accounting Business Management Consulting Fraud prevention Taxes

By Rolf Neuweiler 03-21-2019

Many people reported that they have received IRS impersonators’ calls, and sadly some fell victims of various scam schemes after being intimidated into paying a fabricated tax bill. Thousands of people have lost millions of dollars and their personal information to tax scams. Scammers use the regular mail, telephone, or email to set up individuals, […]