1. Does the person who handles incoming cash receipts also record transactions? 2. Is a cash register used in the business? 3. Is a bank lockbox used for processing customer payments? 4. Are deposits made daily and secured prior to depositing in a safe?

Save the date for our free seminar on cyber liability and crime! When: Tuesday, April 30th, 2013 from 10 AM- 12 PM Where: Hilton Garden Inn, 8600 Northpark Drive, Johnston, IA 50131 RSVP: [email protected] We hope to see you there!

Many factors contribute to a cooperative’s efficiency, not the least of which is the use of technology. The agriculture industry has invested significantly in technology over the years.

Occupational fraud is a scheme in which an employee abuses the trust placed in him or her by an employer for personal gain. Its formal definition is: The use of one’s occupation for personal enrichment through the deliberate misuse or misapplication of the employing organization’s resources or assets.

Cooperatives-What We Expect to See in 2013

The American Taxpayer Relief Act of 2012 was signed into law on January 2, 2013. This new law modifies or extends many business tax breaks, and also contains many changes to individual income tax. There are substantial additional changes in this act, but the following are most likely to impact you and/or your business.