Yoss: Fraud Costs Big—Here’s How to Prevent It | Quick Tech Talk

Even small changes to internal controls can reduce the average $700K loss.

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Quick Tech Talk
With Steve Yoss
CPE Today

Fraud isn’t just a nuisance—it’s a multimillion-dollar drain on businesses every year. According to the Association of Certified Fraud Examiners (ACFE), organizations lose an estimated 5% of their annual revenue to fraud. That amounts to a staggering $4.7 trillion globally, based on the 2022 Report to the Nations.

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In the latest episode of Quick Tech Talk, technology educator and CPA Steve Yoss breaks down why fraud persists—and what financial professionals can do to stop it. From asset misappropriation to corruption to financial statement fraud, Yoss explains the common red flags, the steep costs, and how improving your organization’s internal controls can yield major savings and a more ethical workplace culture.

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Yoss: Spot–And Stop–Fraud Early | Quick Tech Talks

Don’t be the next victim. 

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Quick Tech Talk
With Steve Yoss
CPE Today

Occupational fraud remains one of the most pervasive and costly threats to organizations worldwide—and many companies may be underestimating the risk. A recent Quick Tech Talks episode delves into key findings from the Association of Certified Fraud Examiners’ (ACFE) 2024 Report to the Nations, uncovering the mechanics behind the world’s most common types of fraud and the staggering financial toll they exact.

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The numbers are alarming: Occupational fraud is responsible for losses equaling up to 7% of global GDP, or more than $5 trillion annually, according to the ACFE. These crimes don’t just target large corporations—they impact businesses of all sizes and sectors. In this episode, listeners are guided through the three major categories of occupational fraud—asset misappropriation, financial statement fraud, and corruption—and shown how each can quietly undermine an organization’s integrity and profitability.

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Yoss: Don’t Let a Crash Wreck You | Quick Tech Talks

Back up your data in 10 minutes or less. It could be the most important thing you do today.

 

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Quick Tech Talk
With Steve Yoss
CPE Today

In the latest episode of Quick Tech Talks, you’ll learn why backing up your data isn’t just for IT professionals or large companies—it’s something anyone can do in just 10 minutes, using tools you likely already have.

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Whether you’re managing financials, running a firm, or just storing family photos, protecting your digital files is no longer optional.

With rising ransomware threats and hardware failure still a common reality, having a reliable backup strategy is the digital equivalent of locking your doors at night. Fortunately, getting started is way easier than you might think.

“It doesn’t require a lot of technical expertise,” Yoss explains. “If you’ve got 10 minutes, you can do it.”

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Yoss: Get a REAL Data Backup Plan – Right Now | Quick Tech Talks

A brief disruption could cost you thousands. A complete failure could cost you everything.

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Quick Tech Talk
With Steve Yoss
CPE Today

In the digital era, your data is your most valuable asset. Whether you’re serving clients, analyzing operations, or simply keeping your business afloat, uninterrupted access to accurate data is essential. But what happens when that access is suddenly taken away?

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That’s the urgent question explored in the latest episode of Quick Tech Talks, where the focus is on why every business—regardless of size or industry—needs a robust, modern data backup strategy. This isn’t just about peace of mind. It’s about regulatory compliance, operational continuity, and business survival.

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Steve Yoss: Financial Forecasting Find | Quick Tech Talk

Predict future cash flows effortlessly with Microsoft Excel’s Forecast ETS function.

 

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Quick Tech Talk
With Steve Yoss
CPE Today

Dive into one of Excel’s most powerful yet underutilized tools: the Forecast ETS function. Whether you’re an accountant, financial analyst, or business owner, this function can transform the way you approach budgeting and forecasting—making predictions faster, smarter, and more accurate.

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In fact, forecasting has never been easier than using the forecast ETS function.

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