The rate at which SMEs are losing their money, physical assets to fraudulent employees is alarming.
This will afford us the opportunity to discuss: INTERNAL CONTROLS and more importantly what to do to secure your company’s assets
I have seen a lot of cases where SMEs have painstakingly survived and got to the top. And the next thing you hear about them is one horrible story of employee’s fraud. And because of the employee’s fraud, the company is folded up.
Just of recent, an entrepreneur lost the sum of N6M to a fraudulent staff who went away with money to be deposited into the company’s bank account.
Please note that when your business has deficiency in its internal controls, or a case where there’s no controls in place at all, your business will definitely collapse.
Stay Tuned
Adebowale Abikoye & Co
(Chartered Accountants)/Tax Practitioner
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