Fraud risk management: A small business perspective |
| |
| Affiliation: | 1. Williams School of Commerce, Economics, & Politics, Washington and Lee University, Lexington, VA 24450, U.S.A.;2. Partner, Forensics, Deloitte Financial Advisory Services LLP, Washington, DC 20004, U.S.A.;1. Otago Business School, University of Otago, Dunedin 9054, New Zealand;2. D’Amore-McKim School of Business, Northeastern University, Boston, MA 02115-5000, U.S.A.;1. College of Business, Mississippi State University, 324 McCool Hall, Mississippi State, MS, 39762, U.S.A.;2. Haslam College of Business, The University of Tennessee, 310 Stokely Management Center, Knoxville, TN, 37996-0530, U.S.A.;1. Brock School of Business, Samford University, 800 Lakeshore Drive, Birmingham, AL 35229, U.S.A.;2. Harbert College of Business, Auburn University, 405 West Magnolia Avenue, Auburn, AL 36849, U.S.A.;1. Accounting Research Institute, Universiti Teknologi MARA Shah Alam, Malaysia;2. Faculty of Accountancy, Universiti Teknologi MARA Shah Alam, Malaysia |
| |
| Abstract: | Small businesses face big challenges when it comes to managing fraud risks. Financial strain, rapid growth, and a lack of resources and expertise create ample opportunity for motivated fraudsters to take advantage of small businesses. In this article, we draw upon insights from our years as fraud investigators to offer seven practical recommendations to help small business leaders prevent and detect fraud in this unique environment. These strategies can help even the smallest company make a big difference when it comes to fraud risk management. |
| |
| Keywords: | Small business Organizational ethics Fraud Misconduct Risk management |
| 本文献已被 ScienceDirect 等数据库收录！ |
|
