Accounting Blog

5 Important Cybersecurity Tips

Posted on Thu, Apr 18, 2019

As your team of trusted advisors, one of our main objectives is to provide you with the knowledge and resources to help you achieve your goals. In today’s digital world, we understand that you are susceptible to cybercrime and identity theft daily. We have compiled a few tips for you to use in order to protect yourself against these threats. 

 

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Tags: accounting firm, Security breach, accounting for business, fraud prevention

Fake Accounting Invoices Used to Steal Credentials

Posted on Mon, Sep 11, 2017

A recently resurfaced banking Trojan is now being used in a malware/phishing campaign targeting users of accounting services provider Xero. Similar attacks have also been used against users of Intuit and QuickBooks. The goal of these attacks is to gather login details for banking and financial accounts. Here's how it works, what it looks like, and what do if you get this message:

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Tags: Accounting, Scam Alert, fraud alert, fraud prevention

Tips To Proactively Avoid Fraud and Embezzlement in a HOA

Posted on Mon, Feb 13, 2017

Fraud and embezzlement are words that can really cause an Association a lot of wasted time, money and energy.  So how can the Board of Directors get out in front of any potential fraud or embezzlement?  This is really simple and easy, but is almost always overlooked.  The Board needs to understand their role in fraud prevention and the top two components to fraud: motivation and opportunity.  In almost all cases, it will take both of these factors for fraud to occur.  Motivation is a factor completely outside of the Board’s control, but that cannot be said about the opportunity factor. 

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Tags: certified public accountant, LBA Haynes Strand, HOA, fraud, embezzlement, fraud prevention