Navigating employee landmines: What every business owner must know to prevent occupational fraud and avoid employee lawsuits
Co-hosted by Frost Brown Todd LLC and Harding, Shymanski & Company, P.S.C.
| Date | Wednesday, September 15, 2010 |
|---|---|
| Location | Frost Brown Todd Aegon Center 400 Market Street Floor 32 Louisville, KY 40202 |
Seminar: 8:00 - 9:30 AM
Fraud against one's employer costs the typical organization approximately 5% of its annual revenue. And fraud isn't just a large company problem. Companies with less than 100 employees experience the highest incident of fraud and the highest median losses. But you're not at risk, because you have an annual audit, right? Wrong. External audits rank comparatively low as a means for both detecting fraud and limiting losses.
Priscilla Capes, Certified Fraud Examiner, CPA, Accredited ACH Professional and a Manager in the Consulting practice at Harding, Shymanski, and Company will present: What you must know to help prevent occupational fraud in your organization
Business Week recently identified the prevention of employment litigation as the top challenge for small business owners in 2010. It is easy to understand why. Settlement amounts for these lawsuits average $75,000 nationwide. The average Plaintiff's verdict in Kentucky over the past ten years exceeded $400,000. Meanwhile, newly enacted and pending employment legislation and regulation make compliance difficult.
Joy Stransky, Employment Attorney at Frost Brown Todd will present: Practical strategies for avoiding employee lawsuits.
*The event will qualify for 1.5 of CPE for CPAs. An application for 1.50 hours of HRCI continuing education credit has been submitted and is pending approval.
