Effective fraud deterrence and detection requires thorough participation in the financial reporting ecosystem and engaging in extreme vigilance. To prevent your business from fraud, an outsourced accountant or controller can help provide essential internal controls and prevention practices.

Hiring an in-house Controller can get costly when factoring in salaries and benefits that, in turn, cuts into your business’ bottom line and profitability. If your small business is undergoing this transition, perhaps investing in a virtual controller (typically a fraction of the cost of a full-time Controller) can alleviate accounting headaches and help your business continue growing.