Preventing and Detecting Fraud in Construction Companies

Financial losses attributable to fraud have risen in the last few years.  According to the Association of Fraud Examiners, companies lose an average of 6% of annual revenues to fraud, signifying tens of thousands of dollars lost each year.  Most fraud occurs slowly and inconspicuously.  There are three common categories of fraud that are found within companies, these include asset misappropriation, corruption and fraudulent financial statements. 

The following is a link to a recent presentation on how to prevent and detect fraud within construction companies: Detecting and Preventing Fraud with in Construction Companies

For more information on fraud, or further suggestions on how to prevent it, please contact us directly by emailing info@fdcpa.com.  We can help you protect yourself from this potentially devastating crime.

To contact Feeley & Driscoll, please click here or call us at 1 (800) 392-6192.