A Unique Approach to Fraud Prevention
"Our Job is to Protect the Employees, the Owners, the Board, and the Company"
Current CPA Industry Approach
Most CPA firms simply recommend internal controls as a method of preventing fraud from occurring. While internal controls are important to reducing the risk of fraud, in almost every embezzlement case I have prosecuted, the employee embezzling the funds has circumvented these controls.
Hoslett Forensics Approach
Approximately 95% of all embezzlement cases I have prosecuted could have been avoided by the owners or an independent party randomly testing high-risk fraud areas on a periodic basis. Our office provides periodic testing to non-profits and business owners to prevent fraud from occurring.
Unique Steps to a Simple but Effective Process
Step 1 – Identify Significant Fraud Risk Areas
Step 2 - Periodic "Random" Testing (Touch Every Department)
Step 3 - Employee Awareness
Step 4 - Provide an (800) Fraud Hotline Number