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ISSN: 1945-5488 (Print)
ISSN: 1945-5496 (Online)
Research Article Open Access

Small Business Entrepreneurs: A Focus on Fraud Risk and Prevention

Doug Laufer1
  • 1 Metropolitan State College of Denver, United States

Abstract

Problem statement: Small businesses have unique problems in fighting fraud. Typically there are limited resources devoted to anti-fraud efforts by small businesses. Employee fraud typically results in monetary loss, often not recovered, investigation expenses and negative impact on employee productivity and morale. Conclusion/Recommendations: This study provides information to assist the small business entrepreneur in identifying potential fraud risks and to enhance their organization's fraud prevention measures.

American Journal of Economics and Business Administration
Volume 3 No. 2, 2011, 401-404

DOI: https://doi.org/10.3844/ajebasp.2011.401.404

Submitted On: 14 March 2011 Published On: 14 June 2011

How to Cite: Laufer, D. (2011). Small Business Entrepreneurs: A Focus on Fraud Risk and Prevention. American Journal of Economics and Business Administration, 3(2), 401-404. https://doi.org/10.3844/ajebasp.2011.401.404

Open AccessCopyright: © 2011 Doug Laufer. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

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Keywords

  • Fraud examiners
  • fraud risk
  • fraud prevention
  • small business entrepreneurs