Beth Shapiro
beth@scorehouston.org
713-487-6565
How to protect your company from financial losses due to fraud and employee embezzlement
Every day companies entrust their employees with cash, checks, credit card, inventory, and other assets. While the majority of employees are honest, under the right circumstances, even the loyal employees might commit fraud while unsuspecting business owners think “this will never happen to me”.
In this session, discover the three most common frauds in small business and factors usually present for fraud to take place; learn how to spot warning signs and implement practical and cost-effective solutions to protect your company from financial losses due to fraud and employee embezzlement.
Presented by Cristy Fontanilla
Financial Statements and Recordkeeping
Learn the most important aspects of creating and keeping a budget. Discuss the various financial reports including the Balance Sheet, Income (profit and loss) Statement and Cash Flow Analysis.
Most importantly, learn to interpret these key indicators. Talk about how to conserve cash, why it’s so important and how best to use it. Determine which records are necessary to maintain and the reasons for them.
Presented Lalitha Raman – SCORE Mentor