Accounting Firms Biggest Risks

Accounting Firms Biggest Risks

The following material is provided for informational purposes only. Before taking any action that could have legal or other important consequences, speak with qualified legal and insurance professionals who can provide guidance that considers your own unique circumstances. Accounting firms deal with multiple clients daily, which means they regularly look at a lot of sensitive information. As you no doubt …

Wire Transfer Fraud: What CPAs Need to Know

CPAs, like other professional service providers, have become targets for wire/fund transfer and social engineering fraud as cyber criminals continue to improve their hacking skills. Nationally and globally, we’re seeing an increase in schemes that trick companies into wiring funds to fraudulent bank accounts. While internal controls are essential, they can only go so far. What’s the Best Course for …