Why small businesses are vulnerable to fraud


This edition of the Portland Journal Thought Leadership podcast explores forensic accounting and occupational fraud with Tim Porter, senior manager at Geffen Mesher. Here are highlights:

On the different types of fraud: “Asset misappropriation, corruption and financial statement fraud. Asset misappropriation is the most common, making up about 90 percent of the fraud cases. These are stealing cash or taking fictitious reimbursements. Financial statement fraud is much less common but it’s schemes…

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