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Lindgren, Callihan, Van Osdol & Co., Ltd. Announces New Fraud Prevention and Detection Services
Lindgren, Callihan, Van Osdol & Co., Ltd. is pleased to announce a new fraud prevention and detection service. The Association of Certified Fraud Examiners (ACFE) in its 2004 Report to the Nation stated, “the typical organization loses 6% of its annual revenues to occupational fraud.” The median loss for all cases in the annual report was $100,000. One of the most important factors that deters a person from committing fraud is the perception that they will be detected. The following is a list of some of the services Lindgren, Callihan, Van Osdol & Co., Ltd. offers organizations to detect and deter fraud: cash reviews, vendor audits, payroll audits, internal control evaluation, and computer data analysis.
This fraud prevention and detection program is led by Christopher E. Bonnell, CPA, CFE. Chris has diversified auditing experience with non-profit, governmental, financial institutions, manufacturing entities, and has consulted on or investigated numerous fraud-related engagements. He also has extensive experience in the use of data extraction software and maintains continuing education in fraud detection and prevention.
Lindgren, Callihan, Van Osdol & Co., Ltd. is a regional certified public accounting and consulting firm with offices in Rockford, Sterling, Dixon, Mendota and Freeport; serving financial institutions, industrial, commercial, governmental and individual clients for more than 40 years. Lindgren, Callihan, Van Osdol & Co., Ltd. is a member of the AICPA and the Illinois CPA Society.
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