There are ways to capture losses in business, but for sure, only the in-house internal auditor can make it. An internal auditor has the capacity to detect fraudulent activities of some employees and even from the board.
Most companies these days have hired chartered accountants and some are even hiring cost accountants that help them reduce the cost of their operations and that actually helps
Invisible losses could also be captured by the business owner even without the help of an internal auditor. It could be viewed through weekly inventory,
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