When structured and managed correctly, a commission program can boost employee compensation and morale. But it also can tempt salespeople to commit fraud. Here’s how to contain the threat.
Tag: Fraud
How to assess fraud risks today
In today’s uncertain marketplace, it’s important to look at fraud risks from a fresh perspective. Here’s how auditors are doubling down in their efforts to accurately assess emerging and increased fraud risks during the pandemic.
Taking a Proactive Approach to Fraud
What is your business worth to you? The answer to that question is often much more complex than a number. There’s the time, dedication and hard work that you’ve undoubtedly expended toward building your company. Though, monetary value may not be the only measurement you use to quantify your success, there may be others within[ … ]
A Children’s Story Lesson on Ethics
One night while putting my daughter, Genevieve (4), to bed I came across a message in the book she chose that sparked my interest on a professional level. The book chosen was about teaching kids the power of affirmations titled “I Think, I Am!” by Louise L Hay. As we went through the pages, we[ … ]
IRS Warns Increase of Tax-Related Phishing & Malware
“The IRS will never call or email you – the sole form of communication from the IRS is old fashioned mail.” — Mary Yaconiello, CPA, PFS The Internal Revenue Service renewed a consumer alert for e-mail schemes after seeing an approximate 400 percent surge in phishing and malware incidents so far this tax season. E-mails[ … ]