Fraud and Basic Prevention

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Per Dictionary.com, fraud is defined as deceit, trickery, sharp practice, or breach of confidence, perpetrated for profit or to gain some unfair or dishonest advantage. Fraud as it relates to accounting is the intentional misrepresentation or alteration of accounting records or the misappropriation of assets. Fraud occurs when an invoice is booked in the wrong period to make the financials look better. Fraud is writing an unauthorized check to yourself. Fraud is charging personal expenses on a corporate card and not reimbursing the organization for them. According to the 2014 Report to the Nations on …read more

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About Aronson LLC

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Aronson LLC has been thinking ahead for its clients for more than 50 years. Aronson’s construction, real estate, government contracting, nonprofit, technology and private industry experts provide innovative audit, tax, and consulting services that help its clients move to the next level. From start-up to exit strategy, Aronson works with companies throughout the entire business lifecycle by proactively identifying opportunities and addressing challenges so that clients are able to focus on their core business. Aronson shows companies how to rethink everything to be more profitable, more competitive and better prepared for the future.

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