By Michael L. DeVries, CFP®, CHBC, EA I received a call from a client for whom I was doing monthly accounting. At that time, our services for the client consisted of compiling monthly financial statements, filing quarterly payroll tax returns, annual company returns, and assisting him with various practice management projects. The call I received […]
Protect Your Practice from Team Member Embezzlement and Abuse with a Fidelity Bond
Facts prove that 80% of business embezzlement, fraud and abuse happens internally by team members! The Association of Certified Fraud Examiners states that team member dishonesty can range from tens of thousands to millions of dollars. Our 20 years of investigating dental and medical practices and nonprofits across Canada and the United States have proven […]
Is There Going to be an Increase in the FLSA Salary Threshold … or Not?
By Barbara Freet, PHP, President of Human Resource Advsiors The Fair Labor Standards Act (FLSA) was originally passed in 1937, and it has seen several updates since then with the most recent attempt scheduled to go into effect on December 1, 2016. As you are no doubt aware, it was delayed by order of a […]
Spotting a Weasel: The Personality of a Dental Embezzler – Part VI
This is the final installment of our six-part series on Spotting a Weasel – the Personality of a Dental Embezzler. For purposes of this series we’ve described each RED FLAG individually, but in reality they are all inter-related. When embezzlement is happening typically more than one RED FLAG is present. This is especially true of […]
Spotting a Weasel: The Personality of a Dental Embezzler – Part V
By Bryant Truitt, MBA, CCS, CFE and Karol Peters, CDC, RDH of Brytan & Associates This is the fifth installment of our six-part series on Spotting a Weasel – the Personality of a Dental Embezzler. So far, we’ve covered 12 out of 18 of the most prominent RED FLAGS indicating you may have a dental […]
