I tackled my latest question about embezzlement head on. Should my accountant be able to figure out if I'm being embezzled? David Harris, CEO of Prosperident, the embezzlement experts, says it's harder for accountants to do than we realize.
In all industries, accountants uncover only 40% of embezzlement. When that's narrowed to just dentistry, it goes down to 6%. So while accountants have a very valuable function in your practice, uncovering embezzlement may not be one of them. You need to keep watch over your own financials. I know I will!
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To watch more informative videos on today's topics with industry experts, visit dentaleconomics.com/videos or dentistryiq.com/videos.
