Fraud

Cash fraud: Types and Prevention

What is Cash fraud? Cash fraud is any act that involves the theft or misappropriation of cash or cash-related assets from a business. Cash fraud can have a significant impact on a business's financial health, leading to lost revenue, damage to t…

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Bad Check Overview and Explanation

What is a bad check?  A bad check, also known as a bounced check or a nonsufficient funds (NSF) check, is a check that is returned by a bank due to insufficient funds in the account of the person who wrote the check. This can occur for a variety of …

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Accounting cushion

What is Accounting Cushion? Accounting cushion refers to the extra amount of expenses that are reported in a company's financial statement during a reporting period. Accounting cushions help to create provisions for expenses. Benefits of Accoun…

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