Featured Article from Our Experts
Protecting Your Business From the “Inside Job”

One of the best ways to mitigate employee fraud and embezzlement at a company is to implement a system of strong internal controls. In this article, I will outline the must-have internal controls that every company should have in place and the cost-effective ways to reinforce these controls.
How Business Owners Can Comply With New Financial Crime Regulation
Earlier this year, the Corporate Transparency Act (CTA) became the latest law intended to foil perpetrators of fraud, drug, human trafficking and terrorism, who hide behind anonymous or shell companies. This law requires certain businesses to disclose the identities of those who own or control them. In this article, we will review the CTA and the covered entities to see if your business will be affected.
Protecting Retirement Plans From Cyberattacks 
Every qualified retirement plan should have a robust cybersecurity policy. The ever-growing magnitude of the threat from cyberattacks, and associated liability for plan fiduciaries, requires a systematic approach to managing this exposure. This article reviews legal considerations under Employee Retirement Income Security Act (ERISA) and provides steps plan sponsors should consider in protecting their plans from cyberattacks. 

Check Kiting Is No Game
Despite the widespread adoption of digital payment methods, some companies continue to rely on paper checks. However, paper checks make businesses vulnerable to check kiting. This article provides several strategies to help prevent your company’s employees from attempting to commit this form of banking fraud.
What Goes Into a Fraud Damages Calculation?
If you end up going to court because your company was defrauded, make sure you take a damages expert with you. Fraud experts calculate proper restitution amounts by using various methods, depending on such factors as the company’s longevity. In this short article, we will highlight the various approaches used to calculate fraud damages that accurately reflect the company’s losses.


About Dannible & McKee, LLP

Dannible & McKee, LLP has been providing audit, tax, accounting and financial management consulting services to clients nationwide since 1978. We provide all types of clients with a powerful ally in the ongoing resistance to accounting-related fraud. We understand the complexities and ever-growing challenges associated with this issue and have built a team of experts to help you. We specialize, not just in exposing fraudulent activities that may have already occurred, but also in effectively preventing them from happening in the first place.

To learn more about Dannible & McKee, visit us at: www.dmcpas.com