Be Vigilant During Business Disruptions Related To COVID-19

Be Vigilant During Business Disruptions Related To COVID-19

Synopsis
5 Minute Read

The current upheaval can make your business vulnerable to fraud.

Be Vigilant During Business Disruptions Related To COVID-19

The current upheaval can make your business vulnerable to fraud.

Temporarily laid off employees may have overseen important accounting or controls. Were those duties re-assigned — and are they now well covered?

Employees working remotely may have access to online banking accounts. Who’s keeping an eye on the transactions?

Team members may be facing increased financial pressure. How is management addressing this?

Growing stress and distraction increase fraud opportunities. Are your employees aware of and prepared to face these threats?

You’re operating with a reduced workforce. Is each department adequately staffed to address all your risks and obligations?

Your physical locations may be unattended. Are your important assets locked up and under surveillance?

For more information, contact:

Corey Anne Bloom,

CPA, CA, CA•IFA, CFF, CFE, ACFE Regent Emeritus

Eastern Canada Leader, Forensics and Disputes

514.228.7863

647.775.1772

Insights

  • February 29, 2024

    Is your Credit Union Prepared for the Future

    Digitization and evolving membership preferences are dramatically changing the financial services space. In this first part of our whitepaper series, we focus on three.

  • Performance

    February 29, 2024

    Create a Long-term Practice Plan and Protect What You’ve Built

    Explore the three areas where SMARTPro can help you plan for the future.

  • Progress

    February 29, 2024

    Purchasing a professional practice during a global pandemic

    Tips for navigating the changing world of professional practices from our experienced advisors.