March 2023
Lori A. Beirman
Supervisor
Dannible & McKee, LLP
Featured Article from Our Experts
Corporate Fraud – More Common Than You Think

Stories of fraud being committed seem to be everywhere and in every organization and industry. It is becoming more prevalent with the advances of modern technology. It is important to understand the basics of corporate fraud. In this article, I will explain what corporate fraud is, how hard it can be to detect and how much it could cost a business.

What Business Owners Can Do About Insurance Fraud
When insurance fraud occurs, insurers generally pass along the fraud costs to policyholders in the form of higher premiums. This can be particularly damaging to small businesses. Knowing how the schemes work and implementing controls can be a big help. This article offers tips on what business owners can do to help fight insurance fraud. 
How Artificial Intelligence and Machine Learning Help Fight Fraud
Research has consistently found that the longer fraud schemes remain undetected, the greater the victims' financial losses. AI and machine learning sound futuristic, but experts and organizations already are using them to find fraud. These technologies can uncover schemes faster and more effectively than humans. Read more on AI and fighting fraud here. 
Turn That Fraud Dispute Into a Loyalty-Building Opportunity
If customers report fraud or suspicious charges on their accounts, what might seem like a challenge can be an opportunity for your business. Your customer dispute resolution processes should move quickly to get to the bottom of alleged fraudulent charges on their accounts. Here are eight best practices to achieve greater customer loyalty.
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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