Fraud, embezzlements, misappropriations & theft of assets can occur in almost every environment, regardless of the type of entity, whether, private, public or political.
Can any of these acts be 100% eliminated? In one word: NO. However, much can be done to mitigate potential losses.
Our firm is uniquely qualified to evaluate your internal controls and offer viable & sustainable recommendations that can lessen the risk of inappropriate acts and theft. What ever the internal controls are, if they are ignored, circumvented or there is collusion, it would be extremely difficult to detect the wrong doings in a timely manner.