American Journal of Economics and Business Administration

Small Business Entrepreneurs: A Focus on Fraud Risk and Prevention

Doug Laufer

DOI : 10.3844/ajebasp.2011.401.404

American Journal of Economics and Business Administration

Volume 3, Issue 2

Pages 401-404

Abstract

Problem statement: Small businesses have unique problems in fighting fraud. Typically there are limited resources devoted to anti-fraud efforts by small businesses. Employee fraud typically results in monetary loss, often not recovered, investigation expenses and negative impact on employee productivity and morale. Conclusion/Recommendations: This study provides information to assist the small business entrepreneur in identifying potential fraud risks and to enhance their organization's fraud prevention measures.

Copyright

© 2011 Doug Laufer. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.