In this episode, we are bringing back one of our most popular episodes: Holding Management Accountable to Prevent Fraud. Enjoy!
Too often, we put blind faith in management regarding decision-making and financial matters. In this episode, I share the importance of accountability - questioning our leaders for greater transparency and safeguards against fraud. We examine a few things: Who is responsible? How easily available are those financial reports? And most importantly-- how quickly are they published so everyone involved can see them right away? Let’s delve into these critical issues that help foster an open organizational culture!
Mentioned Resources:
Fraud Risk Assessment
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Conflict of Interest with Potential Business Partners
Avoiding Murky Data Reports
Outlining Government Expectations for Financial Accountability
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Examining Rodeo Austin Accountant Million Dollar Theft
Avoiding Misappropriation with Documentation
Prioritizing Organization to Avoid Clerical Errors
Prioritizing Proper Accounting
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