Where the fraudsters go
Abstract: Fraud hurts many aspects of a business — including its ability to repay its bank loans. An astute lender knows where to look on a client’s balance sheet to catch a whiff of fraud. Because fraud escalates in down economies, lenders have their work cut out for them — but less so if they know what they’re looking for. This article discusses specifically what to look for when examining inventory and accounts receivable and payable.