Even small improvements to internal controls can reduce the average $700,000 loss from financial statement fraud. Quick Tech TalkWith Steve Yoss<a href="https://www.cpetoday.com/cpa-trendlines/">CPE Today</a> Fraud isn’t just a nuisance—it’s a multimillion-dollar drain on businesses every year. According to the Association of Certified Fraud Examiners (ACFE), organizations lose an estimated 5% of their annual revenue to fraud. That amounts to a staggering $4.7 trillion globally, based on the 2022 Report to the Nations. <ul>
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MORE <a href="https://cpatrendlines.com/author/stephen-yosscpatrendlines-com/">Steve Yoss here</a>
</li>
<li><a href="https://cpatrendlines.com/category/tech-and-fintech/">MORE TECH</a></li>
</ul>In the latest episode of Quick Tech Talk, technology educator and CPA Steve Yoss breaks down why fraud persists—and what financial professionals can do to stop it. From asset misappropriation to corruption to financial statement fraud, Yoss explains the common red flags, the steep costs, and how improving your organization’s internal controls can yield major savings and a more ethical workplace culture.

Even small improvements to internal controls can reduce the average $700,000 loss from financial statement fraud. Quick Tech Talk With Steve Yoss CPE Today Fraud isn’t just a nuisance—it’s a multimillion-dollar drain on businesses every year. According to the Association of Certified Fraud Examiners (ACFE), organizations lose an estimated 5% of their annual revenue to fraud. That amounts to a staggering $4.7 trillion globally, based on the 2022 Report to the Nations. MORE Steve Yoss here MORE TECH In the latest episode of Quick Tech Talk, technology educator and CPA Steve Yoss breaks down why fraud persists—and what financial professionals can do to stop it. From asset misappropriation to corruption to financial statement fraud, Yoss explains the common red flags, the steep costs, and how improving your organization’s internal controls can yield major savings and a more ethical workplace culture.

Even small improvements to internal controls can reduce the average $700,000 loss from financial statement fraud. Quick Tech TalkWith Steve Yoss<a href="https://www.cpetoday.com/cpa-trendlines/" rel="noopener noreferrer">CPE Today</a> Fraud isn’t just a nuisance—it’s a multimillion-dollar drain on businesses every year. According to the Association of Certified Fraud Examiners (ACFE), organizations lose an estimated 5% of their annual revenue to fraud. That amounts to a staggering $4.7 trillion globally, based on the 2022 Report to the Nations. <ul>
<li>
MORE <a href="https://cpatrendlines.com/author/stephen-yosscpatrendlines-com/" rel="noopener noreferrer">Steve Yoss here</a>
</li>
<li><a href="https://cpatrendlines.com/category/tech-and-fintech/" rel="noopener noreferrer">MORE TECH</a></li>
</ul>In the latest episode of Quick Tech Talk, technology educator and CPA Steve Yoss breaks down why fraud persists—and what financial professionals can do to stop it. From asset misappropriation to corruption to financial statement fraud, Yoss explains the common red flags, the steep costs, and how improving your organization’s internal controls can yield major savings and a more ethical workplace culture.

Yoss: Fraud Costs Big—Here’s How Financial Professionals Can Prevent It | Quick Tech Talk

Exclusive information. Extraordinary insight. See all podcast episodes here: <a href="https://cpatrendlines.com/category/podcast/">https://cpatrendlines.com/category/podcast/</a> CPA Trendlines is the world’s only research and advisory service focused solely on the tax, accounting, and finance professions. We use a time-tested, quality-proven, proprietary blend of data, analysis, community, experience, and imagination to produce extraordinary value for our clients. Elite decision-makers from all over the world look to CPA Trendlines for trusted advice, bold insights, and confidential access to exclusive intelligence and decision support. You’ll stay more focused, save time, grow revenue in a fast-changing global digital environment, and sleep better at night. Guaranteed. Facts. Figures. Insights. Implications. Here you'll find the data and analysis you can use for your practice and your career, plus exclusive research, insights, and commentary on the most pressing issues and fastest-changing trends.  We are dedicated to delivering the actionable intelligence that tax, accounting, and finance professionals need in order to identify and act on emerging issues and opportunities.  We specialize in high-quality, concise executive briefings designed to help busy professionals improve their organizations, advance their careers, and enhance their lives.  Our reports are relevant, timely, and to-the-point, providing the most essential information, and are digestible often in under an hour.

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Exclusive information. Extraordinary insight. See all podcast episodes here: https://cpatrendlines.com/category/podcast/ CPA Trendlines is the world’s only research and advisory service focused solely on the tax, accounting, and finance professions. We use a time-tested, quality-proven, proprietary blend of data, analysis, community, experience, and imagination to produce extraordinary value for our clients. Elite decision-makers from all over the world look to CPA Trendlines for trusted advice, bold insights, and confidential access to exclusive intelligence and decision support. You’ll stay more focused, save time, grow revenue in a fast-changing global digital environment, and sleep better at night. Guaranteed. Facts. Figures. Insights. Implications. Here you'll find the data and analysis you can use for your practice and your career, plus exclusive research, insights, and commentary on the most pressing issues and fastest-changing trends. We are dedicated to delivering the actionable intelligence that tax, accounting, and finance professionals need in order to identify and act on emerging issues and opportunities. We specialize in high-quality, concise executive briefings designed to help busy professionals improve their organizations, advance their careers, and enhance their lives. Our reports are relevant, timely, and to-the-point, providing the most essential information, and are digestible often in under an hour.

Exclusive information. Extraordinary insight. See all podcast episodes here: <a href="https://cpatrendlines.com/category/podcast/" rel="noopener noreferrer">https://cpatrendlines.com/category/podcast/</a> CPA Trendlines is the world’s only research and advisory service focused solely on the tax, accounting, and finance professions. We use a time-tested, quality-proven, proprietary blend of data, analysis, community, experience, and imagination to produce extraordinary value for our clients. Elite decision-makers from all over the world look to CPA Trendlines for trusted advice, bold insights, and confidential access to exclusive intelligence and decision support. You’ll stay more focused, save time, grow revenue in a fast-changing global digital environment, and sleep better at night. Guaranteed. Facts. Figures. Insights. Implications. Here you'll find the data and analysis you can use for your practice and your career, plus exclusive research, insights, and commentary on the most pressing issues and fastest-changing trends.&nbsp; We are dedicated to delivering the actionable intelligence that tax, accounting, and finance professionals need in order to identify and act on emerging issues and opportunities.&nbsp; We specialize in high-quality, concise executive briefings designed to help busy professionals improve their organizations, advance their careers, and enhance their lives.&nbsp; Our reports are relevant, timely, and to-the-point, providing the most essential information, and are digestible often in under an hour.&nbsp;

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Yoss: Fraud Costs Big—Here’s How Financial Professionals Can Prevent It | Quick Tech Talk

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