By Mark Lapikas, CPA | Principal, Tax With a previous break of Equifax, an estimated 143 million Americans’ information was compromised. In 2015, Anthem was breached compromising personal data of roughly 80 million Americans. Criminals are constantly seeking new ways to obtain your data which begs the question, “How do I protect my personal information?” …
Did you know most fraud cases take months, even years, to detect? Business owners can have their company ruined in one scandal by a fraudster employee. Today, Chuck and Brittany are joined by Bob Nemeth, Apple Growth Partner’s in-house Certified Fraud Examiner and forensic accounting expert, to discuss how business owners can protect themselves and …
Would you buy a house without an inspection and appraisal? Business valuation is the “appraisal and inspection” part of buying or selling a business. Jason Bogniard stops by the studio to talk about why all business owners should have an updated valuation completed to know the value of their company at any time. You never …
By Bob Nemeth, CPA/ABV, CVA, CDFA, Certified Fraud Examiner The Association of Certified Fraud Examiners (ACFE) estimates that fraud costs organizations worldwide nearly $4 trillion a year or five percent of the Gross World Product (GWP). The ACFE also reports that the median loss per case is $130,000. Usually, due to weaker internal controls, small …
For physicians, providers and their practices, the term “Medicaid fraud” is an ever-changing occurrence that accounts for billions of dollars in fraud annually. According to the Department of Justice, $3.7 billion were recovered from false claims in 2017 (Justice Department, 2017). Per the former Chairman of the House Oversight and Government Reform Committee Darrell Issa, the …
Protect Your Practice from Common Examples of Medicare Fraud Read More »
by Bob Nemeth, CPA/ABV, CVA, CDFA, CFE | Principal – Business Valuation Did you know internal control weaknesses were responsible for nearly half of all occupational frauds according to the 2018 Global Study on Occupational Fraud and Abuse conducted by the Association of Certified Fraud Examiners? Furthermore, these weaknesses contributed to organizations losing 5% of their …
What Is Your Fraud Risk? Find Out with Our Fraud Risk Assessment Read More »
