In the News
When the busy season comes, the last thing on your mind is accounting for your projects. You and your employees are concerned with only one thing: keeping up in delivering quality projects on time.
Internal fraud can be devastating for a medical practice and it can be easier than you might think to steal in some offices. Fraud may have been prevented in some cases if the following steps had been implemented:
When you read in the paper that a "trusted employee" has been charged with embezzlement, it can be shocking. But then, of course, it makes sense because the theft involved a trusted employee. An employee who isn't trusted doesn't have much of a chance to commit fraud.
Many construction bookkeepers have gaps in their knowledge about how to produce quality financial statements. That can matter at year-end. There is only so much your accounting or tax adviser can do at the end of the financial year to correct or modify poorly recorded transactions.
The cost of medical malpractice continues to rise, according to the Aon/American Society for Healthcare Risk Management (ASHRM) Hospital and Physician Professional Liability 2013 Benchmark Analysis. This annual study helps health care providers better understand trends related to medical malpractice risks.