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#23 - Fraud Controls: How to Stop People Stealing from Your Business

Stupid Tax

CHAPTER

Preventing Fraud and Ensuring Business Ethics

The chapter highlights the crucial aspects of fraud prevention and good business practices, emphasizing the need for trust with customers and strategic contract management. It discusses the significance of maintaining control over business finances, offering real-life examples and practical strategies to prevent fraudulent activities. The conversation stresses the importance of fraud controls, utilizing tools like purchase orders and regular account reconciliations to safeguard against financial loss.

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