Fraud Detection and Prevention
Is your company laying out the welcome mat for potential fraud? If you're not focused on fraud prevention then it may be time to rethink your priorities. It's no secret that these concerns arc across all sectors of business today including the construction industry and they aren't going away. What's missing within your business and what can you do better? Here are three overarching priorities when it comes to fraud detection and prevention:
- Establish a culture of integrity and honesty
- Implement sound policies and practices
- Be vigilant with checks and balances
Gilmore Jasion Mahler Partner Bob Bobek is on a team presenting at the upcoming Construction Financial Management Association (CFMA) 2016 annual conference and exhibition"Build it Forward" in San Antonio, Texas on June 25-29. Fraud detection and prevention is part of the team's Treasury Management Series presentation at the conference. Gilmore Jasion Mahler's Construction & Real Estate Team works to provide advisory and other services to support financial and strategic goals for businesses within the construction, real estate and utilities industries. Bob Bobek is an active member both locally and nationally with CFMA.
