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FRAUD
What’s your fraud IQ?
Can you spot the red flags of an invoice scam? Test your knowledge
in this month’s quiz.
By Laura Harris and Andi McNeal, CPA
aying an invoice quickly can result in benefits to an
organization, such as receiving a discount for remitting
Ppayment within a specific time frame. However, taking
the time to effectively verify invoices and vendors can save
an organization from falling victim to fraud. CPAs can help
protect organizations by knowing the warning signs and
proper steps to take to combat invoice schemes.
IMAGE BY RANDY ALLBRITTON/IGETTY IMAGES
