People associate embezzlement with major conglomerates that happened in the past, like the Enron and Bernie Madoff scandals. However, employee embezzlement is more common among small businesses than you may think. It accounts for one-third of small business failures.However, your small business doesn't have to be part of these stats as there are measures you can implement to prevent it. From hiring a forensic accountant for regular audits to segregation of duties, below, we explore some of … [Read more...] about 4 Ways to Prevent Employee Embezzlement When Running a Small Business
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Types of Banking Products and Services – Top & Best
Banking started with the bank of merchants of ancient world. They used to give loan to farmers for their fields and trades. Traders used to take long and short term loan to increase business goods between two cities. Modern banking practices, fractional reserve banking and the issue of banknotes.Merchants started to store their gold with the goldsmiths of Landon, who gave them private vaults. Fir this people give them fee for those vaults.Different countries have different definition of … [Read more...] about Types of Banking Products and Services – Top & Best