What Causes 33% of All Business Bankruptcies?
It isn’t uncommon for the phone to start ringing at at the beginning of calendar quarters - you know, January, April, July and October. We don’t always know who will be on the other end of the line – small business owners, financial officers, or sometimes an attorney. But we know why they are calling – it will be about missing money, theft by employees or employee embezzlement. That’s because quarterly reports are reviewed and something is found that isn’t quite right. Sometimes there is just a suspicion and in those cases, we provide financial forensic experts to thoroughly examine the financial records and processes. No one wants to think there is an employee stealing from the company. In other situations, there is obvious theft [...]