Frauds, cheating, and illegal activities exist in every department and industry and may vary in extent and severity. Criminal and unlawful acts are always damaging to the system but when it comes to the healthcare industry it becomes 2x destructive. It does not only cause financial damage but also risks the life of a patient […]
Insurance fraud is a type of scam that occurs at any stage of insurance transactions. There is no specification of people who can commit insurance fraud. This means that anyone from insurance brokers or agents, third-party claimants, insurance companies, and even applicants and policyholders are involved in such types of frauds. It clearly shows that
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People often use the terms bookkeeping accounting, and payroll interchangeably. It is true that these three terms are deeply linked with one another, but these are not the same. These terms are quite different from one another. In order to keep your finance department well-figured, It is important to know the difference between these terms.
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