Cannabis Fraud Prevention: Internal Controls Businesses Should Never Operate Without
The cannabis industry is especially susceptible to fraud, not only because of the stigma the industry still faces, but also because state-legal businesses are still so new and are growing quickly.
Yet when fraud hits your business, it can be devastating to your finances as well as your reputation.
Fortunately, there are steps you can take to safeguard your operations against financial fraudulent activity.
In this episode of our CJBS Cannabis Webinar Series hosted by LKP Impact Consulting’s Laurie Parfitt, we sit down with CJBS Partner Ryan Guedel, CPA, to talk through internal controls considerations including:
- What types of internal control efficiencies to implement (including inventory, segregation of duties, corporate governance, and more)
- How to establish and adjust internal controls
- Compliance and data protections
To learn more about how CJBS can help your cannabis business with internal controls solutions, click here to contact Ryan.
Watch the Webinar below:
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