Kathryn Preston, CPA, is Vice President of Glenn Ingram & Company Ltd., an accounting firm serving service professionals including chiropractors and other privately held businesses.
For additional information on cash flow management, please call Kathryn Preston
at (312) 368-0220; FAX (312) 3684998.
10 Precautions to AVOID FRAUD
The procedures you use in your practice management greatly influence opportunity for fraud.Most fraud isn't planned beforehand, but comes only after numerous passed opportunities.As an embezzler gets away with small-scale fraud, it becomes tempting to see how much else can be taken.These internal controls can be quite simple but effective in reducing the chances for fraud in your practice: