The Fight Against Business Fraud - Who is a Target? 10/08/2018 by Dawn W. Brolin, CPA CFE Do you own a business? Do you think your business is too small to worry about fraud? If you answered yes to either or both of those questions, you are a target. According to the 2018 Report To The Nations published by the Association of Certified Fraud Examiners states that over $7 Billion stolen in 2017 from businesses. That includes both large business and small business. Here are a few simple internal controls that you can implement at a reasonable price and implementation cost: Receipts: One simple misconception by owners is that a credit card statement will stand up in the event of an IRS audit. That is simply not true. Investing in a receipt tracking app will assist you with this required information. I recommend Receipt Bank for this internal control. If you can take a picture, you will be able to use this app. Time Stealing: Employees cheating on manual time sheets c