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H&M Business Services & Solutions Team Enjoys a Team Day!
Our Business Services & Solutions Team stepped away from their computers recently to enjoy some time as a team. Staff Accountant Trent Greene shares more about their day here:
First our team arrived in Plain City at a place called Hammer & Stain which is a local "do it yourself" arts and crafts store right downtown. We started off by getting a demonstration of the glass blowing and some tips and tricks and then it was our turn! We definitely all struggled at first and the goal was to make ornaments with our glass blowing's, and each got three attempts…
Payroll fraud threats inside and outside your company
Payroll fraud schemes can be costly. According to a 2024 Association of Certified Fraud Examiners (ACFE) study, the median loss generated by payroll fraud incidents is $50,000. It’s essential to know the payroll schemes making the rounds and how to prevent them – or at least catch them before they go on very long.
Common threats
Here are brief descriptions of some common payroll fraud threats:
Ghost employees. Perpetrators add made-up employees to the payroll. The wages of these “ghost employees’ are deposited in accounts controlled by the fraudsters.
Excessive payments. Here, employees receive overtime pay by inflating their work hours.
Payroll…
The Benefits of Outsourced Accounting Services for Ohio Businesses
Running a business in Ohio is no small feat. Balancing time, resources, and priorities can be challenging. Amid all this, accounting tasks often become overwhelming, eating into time that is better spent on strategic growth and core business activities.
This is where outsourcing your accounting needs can make a significant difference. At Holbrook & Manter, we specialize in providing services that are designed to meet the unique needs of an business owner. By partnering with a trusted firm like us, you can unlock a host of benefits that streamline your operations and set your business up for long-term success.
Why…