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Profit Margins masthead 2011 SMALL 

4th Quarter 2011

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JMK

Joel M. Kosovsky,

CPA/PFS, CFP

 

 

 

 

EEP

 

CPA/ABV/CFF, ASA, CVA 

 

 

 

 

JTS 

topGreetings! ,

 

KPS & Company is pleased to present to you the current issue of Profit Margins. In this issue,   we discuss fraud and your business. If you would like to explore this topic further please contact our firm so that we may perform an analysis of your current policies and systems and provide recommendations on ways to better protect your business from fraudulent employees.

 

We would like to offer you a complimentary copy of our "How to Prevent, Deter & Detect Fraud in Your Business" brochure which includes the warning signs of fraud. To request your copy please click here .

 

 

Inside This Issue
Budget Less, Forecast in Real Time a Winning Strategy for Some 
 Budgeting seems to be going out of vogue in some company circles as financial markets, and the economy at large, is becoming increasingly volatile and more difficult to predict. In the place of budgets, companies have started to introduce rolling forecasts, flexible budgets and event-driven planning. These forecasting tools afford companies the opportunity to continue using a prospective financial tool without the rigidity of a traditional budget...read more 

 

In A Down Economy, Fraud is More Appealing to Some Employees  
Unfortunately, we have historically noticed that depressed economic conditions correlate to an increased persistence in employee fraud. Moreover, many companies are ill-prepared to detect, prevent and react to instances of fraud in their businesses, despite the damage that ongoing fraud can cause. This article provides some information that you can use to help develop processes for detecting fraud in your business. Our firm can also perform an analysis of your current policies and systems and provide recommendations on ways to better protect your business...read more 

 

Getting your Customers to Pay Up  
Tightly managing your accounts receivables is one of the most important aspects of having a successful and healthy business. However, with renewed concerns about a shrinking economy, dwindling cash reserves and increased volatility in investments, nonpayment by clients is an increasing risk for many business owners...read more 

 

 

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