Fraud Prevention

Typical businesses lose 5 percent of their revenue every year due to fraud. While losses average approximately $145,000, more than one in five businesses suffer losses of $1 million or more. Small businesses in particular tend to have disproportionately large losses, with the likelihood of recovering some or all of the funds very low.*  

Chances are, this could be happening to your business today, or sometime in the future.

Running a successful business entails navigating many kinds of risk. Fraud represents one of the most significant and ever-present risks today—one that can derail your pursuit of sustainable growth and financial health, or even imperil your business. At Goldin Peiser & Peiser, we designed our Fraud Prevention, Investigation and Litigation Support Services Group to help businesses like yours prevent fraud, investigate it, minimize the damage and support you in your litigation efforts.

Our team is comprised of CPAs and led by a Certified Fraud Examiner (CFE) with years of experience in numerous industries.

We continually stay on top of trends in this ever-evolving area and are trained to work on complex financial investigations and expose potential financial statement fraud, kickbacks, embezzlement, money laundering and employee theft.

The lack of effective internal controls puts your business at financial risk. Although no internal control structure is invincible, developing, implementing and monitoring a fraud prevention and detection system is your best defense against organizational vulnerabilities and abuse. Businesses with effective internal controls can deter and detect irregularities more quickly, which minimizes losses.

Our fraud prevention services include:

  • Risk identification and assessment (i.e., what could go wrong)
  • Developing and documenting an internal control structure to address identified risks
  • Establishing an ongoing maintenance and monitoring process for the control structure
  • Providing fraud awareness and prevention training

For more information about our Fraud Prevention Services, please fill out the form below, or call 214-635-2498.

* Source: Association of Certified Fraud Examiners (ACFE)

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