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In our last episode, we heard from Tiffany Couch, national expert on insider fraud and embezzlers. Now you're focused on what you can do to safeguard your practice. We learned that physicians are trusting individuals, and since we haven't given you any business training, you're also easy targets for embezzlers. In my thirty years in the industry, I've seen some embezzlers who move from practice to practice, continuing their crimes. There are some simple steps you can take as a business owner to safeguard your assets – businesspeople call them “internal controls.” Tiffany mentioned several during our conversation, and in this episode, I break them down for you. We cover many "best practices" for financial controls - all here in a short 10 minute presentation.Please Follow or Subscribe to get new episodes delivered to you as soon as they drop!Visit Jill's company, Health e Practices' website: https://healtheps.com/ Subscribe to our newsletter, Health e Connections: http://21978609.hs-sites.com/newletter-subscriber Want more content? Find sample job descriptions, financial tools, templates and much more: www.MedicalMoneyMattersPodcast.comPurchase your copy of Jill's book here: Physician Heal Thy Financial Self Join our Medical Money Matters Facebook Group here: https://www.facebook.com/groups/3834886643404507/ Original Musical Score by: Craig Addy at https://www.underthepiano.ca/ Visit Craig's website to book your Once in a Lifetime music experience Podcast coaching and development by: Jennifer Furlong, CEO, Communication Twenty-Four Seven https://www.communicationtwentyfourseven.com/
83% of medical practices are embezzled at some point in their history, which is a shocking statistic. Join me as I talk with Tiffany Couch, CPA, CFF, CFE, national expert on embezzlement and insider fraud. She shares her experience and several ways in which physician owners and board members can protect themselves and their practices from theft. We discuss the emotional impact, along with the fiscal ones too. Downloadable from your favorite podcast platform - subscribe or follow to have access to all new episodes as soon as they're dropped! You can also find it here: https://hubs.la/Q01x8-Tc0Tiffany's Book, The Thief in Your Company is available here #MedicalMoneyMatters#physicianleadership#revenuecyclemanagement#medicalgroupmanagementPurchase your copy of Jill's book here: Physician Heal Thy Financial Self Join our Medical Money Matters Facebook Group here: https://www.facebook.com/groups/3834886643404507/ Original Musical Score by: Craig Addy at https://www.underthepiano.ca/ Visit Craig's website to book your Once in a Lifetime music experience Podcast coaching and development by: Jennifer Furlong, CEO, Communication Twenty-Four Seven https://www.communicationtwentyfourseven.com/
Tiffany Couch is an author, forensic accountant and owner of Acuity Forensics. She has a CPA license, CFE and CFF credential. She wrote about fraud stories in "The Thief in Your Company."www.acuityforensics.comIn this episode, we discuss:The emotional toll on fraud victims.How she started her forensic accounting business.Why she wrote her book “The Thief in Your Company.”And her recommendation to new forensic accountants.Support the show
Oscar Wallace is my second-favorite accountant in the movies, and you may remember him from The Untouchables.Tiffany Couch and Oscar share one thing in common--they both use the science of numbers to find theft and wrongdoing.Tiffany is a long-time forensic accountant, and she's the author of, The Thief in Your Company.
It's a holiday week, so we're rerunning one of our favorite episodes in which Tiffany Couch discusses what fraud looks like, who is likely to do it, and how to prevent it from happening to your nonprofit. We hope you enjoy it as much as we do!
Most of us have been conditioned to not talk about our finances. But for many people, confronting their issues with money is crucial to having a successful personal relationship with money, as well as having a healthy marriage. Our culture places a high premium on financial success, and far many people blame themselves if they aren't keeping up with their peers. But when we shame ourselves for our past financial decisions or for our current financial situation, we are incapable of making any change. To move forward and make real change, you must learn how to cope with your shame in a way that makes it lessen over time. Here with me today to discuss how to overcome money shame is forensic accountant Tiffany Couch, whose career brought her face to face with this issue. IN THIS EPISODE: 5:50 What is money shame? 9:15 Suzanne asks Tiffany about the types of money issues she sees in her business. Tiffany talks about a particular story with a client that has to do with emotions including, shame, embarrassment & betrayal. 13:00 Tiffany talks about divorce litigation in her business and how spouses typically do not have a cohesive relationship with money. A lot of times this has to do with having separate finances. 14:40 Suzanne and Tiffany talk about the “WHY” when it comes to finances. They talk about the different money scripts people carry into their adult lives. They also discuss why couples do not have a cohesive relationship with money, why couples decide to have separate finances and how that speaks to bigger emotional issues. 16:15 Tiffany discusses how a lot of couples handle money in their relationships and how financial issues are typically a marital problem not a math problem. 16:45 Suzanne talks about how emotional and deep money is and how it relates to how we feel and think about ourselves, our desires/wants and the other person in the relationship. 17:40 The different money “scripts," such as being embarrassed by debt, not having enough, inheriting money or even having too much money. 18:47 Suzanne asks Tiffany about her experiences related to these scripts in her work and own marriage, how most people carry a script about money and how it rarely discussed 19:50 Suzanne tells her story about the money messages she received from her parents growing up. How we also each carry our own stories into our relationships and marriages. 24:40 Tiffany tells her story about the money messages she received from her parents and grandparents. She also talks about her marriage and how money affected her marriage 27:45 Tiffany talks about her big shame of making a lot of money and having nothing to show for it and the shame associated with that. How she eventually learned a better way to handle her relationship with money. 30:00 Suzanne talks about how she and her husband have overcome money challenges. 31:35 How people spend to fill holes that have nothing to do with money. 31:45 How to have a good personal relationship with money and do the same within your marriage 36:15 Two specific scripts that do not get a lot of attention: #1- people that make good money but want more and how that has to do with wanting safety. 37:50-40:15 #2 “ I make so much money that I am embarrassed.” and why that usually takes form in shame. 40:20 How money can cause conflict in a relationship 42:34 Suzanne talks about “financial intimacy” and why not having it is harmful to a marriage 45:05 Where we spend our money shows what we value. 45:35 When you can start talking about your feelings towards money and bring them to the surface, you can change your marriage for the better. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
One of the things I want to start doing at The Suzanne Venker Show is to highlight everyday Americans who have stories to tell that you would never hear in the media. In some cases, this may be due to the fact that the person isn't prominent enough to create attention in media circles. Other times, a person is well-known by members of the media, but the story or message he or she has to tell conflicts with the message the media want to sell. I'm a textbook example of the latter, but that's a story for a different day. I have with me today wife, mother, author, and successful business owner Tiffany Couch who wants people to know that everything we've been told in the culture is a lie. “On my way to getting real,” Tiffany writes, “I realized I was headed down a path where my gravestone would read, Great Forensic Accountant…and would say nothing about what really matters. Most importantly (yes…MOST importantly), I'm a wife to a great husband. We've been married more than 23 years—and on my way to fame and fortune, I almost lost this marriage…and so much more. I traded success and money for my children's time and attention. After all, isn't that what successful women are supposed to do? While my job is looking at numbers, interpreting them, and explaining them so that people like judges, lawyers, clients, and juries can make important decisions, I find my real passion is explaining tough concepts to people in a way they can understand. And that's what I want to do at Let's Get Real.” IN THIS EPISODE: 5:50 – 7:57: Tiffany discusses how her very successful career bumped up against her personal life, her marriage and her family life. She also talks about how she came to realize that the success in her business didn't equal a successful love/personal life and how she began to change her thinking 7:57 – Tiffany talks about how she almost lost her marriage. She talks about the roles of men and women and how her being the primary breadwinner almost destroyed her marriage. 9:45 – Tiffany and Suzanne discuss why women sometimes early on “jump in” to become the breadwinner and how it often doesn't work out down the road. Tiffany talks about her experience with being the breadwinner and how that came to be. 13:20- Tiffany briefly talks about her childhood and why the fear of becoming like her mother pushed her to become successful in the marketplace and prioritizing that instead of staying home with her kids 15:00 – Tiffany talks about what she missed out on in her kids lives 15:45 – 17:00 - Tiffany talks about how being the boss at work led her to carry over that behavior in her marriage 17:05 –Tiffany talks about how her marriage issues came to a head and how they almost decided on divorce. She discusses her “epiphany” on saving her marriage and how changing her attitude changed and saved her marriage. 19:55 - Tiffany talks about how much her marriage changed along the way to her massive success 22:25 – Tiffany talks about mentoring young women to become forensic accountants and what she tells those young women 25:50 – Tiffany talks about her relationship with her kids and how that relationship shifted 30:00 - 35:30- Suzanne reads from Tiffany's blog regarding her relationship with money. Suzanne and Tiffany discuss the significance of money in life and relationships. 35:35 – Tiffany talks about her website letsgetreallife.com 36:00 - Tiffany talks about letting go of shame regarding money 42:30 – 44:30 -Tiffany and Suzanne talk about marriage and money and how important it is. They talk about how separate bank accounts can destroy a relationship. Sign up for marriage coaching with Suzanne: https://www.suzannevenker.com/relationship-coaching/ Support Suzanne on Patreon - https://www.patreon.com/thesuzannevenkershow --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
Nonprofit fraud is the topic of this conversation with Tiffany Couch, CEO of Acuity Forensics. Sharing true stories of fraud found in her book, The Thief in Your Company, Tiffany breaks down what fraud looks like, who is likely to do it, and how to prevent it from happening to your organization.
The wait is finally over, join Leah and Tiffany as they discuss an intense story about a trusted bookkeeper and the big difference between auditors and forensic accountants. LIKE us on Facebook: http://bit.ly/2K73yiN FOLLOW us on Twitter: http://bit.ly/2WoRQ9N FOLLOW us on Instagram: http://bit.ly/2W9rf0Z FOLLOW us on LinkedIn: http://bit.ly/2I3iH1X Check us out at www.workmanforensics.com
This week, on the Investigation Game, Leah is joined by "The Thief in Your Company," author Tiffany Couch. The two not only discuss Couch's book but different cases they have worked in their years of experience. LIKE us on Facebook: http://bit.ly/2K73yiN FOLLOW us on Twitter: http://bit.ly/2WoRQ9N FOLLOW us on Instagram: http://bit.ly/2W9rf0Z FOLLOW us on LinkedIn: http://bit.ly/2I3iH1X Check us out at www.workmanforensics.com
Nonprofit fraud is the topic of this conversation with Tiffany Couch, CEO of Acuity Forensics. Sharing true stories of fraud found in her book, The Thief in Your Company, Tiffany breaks down what fraud looks like, who is likely to do it, and how to prevent it from happening to your organization. Links: Tiffany’s Book: The Thief in Your Company https://www.amazon.com/Thief-Your-Company-Organization-Financial-ebook/dp/B01NH5OH4K Tiffany’s firm: www.acuityforensics.com Stop Nonprofit Fraud: www.stopnonprofitfraud.com Link for discount code for Stop Nonprofit Fraud: https://www.acuityacademy.com/dolph *****Timestamped Highlights***** (4:18) The emotional costs of fraud (5:23) The top 3 most-trusted individuals in the organization (6:38) Great! You have an employee you like that well, BUT… (9:09) Ego problem or fraud? (9:52) Skimming schemes and the priest who stole from the church (15:12) How limited resources factor into fraud (16:06) Pardon my French…but review the damn bank statement! (21:58) Locking down the range with company credit cards (24:27) Even if you know the answer, ask the question (25:22) Expense reimbursement requests: the long-hanging fruit of fraud (27:10) Setting the threshold of “that’s not okay” (28:10) The BIG problem with the “$20 and under” rule (29:23) Basic and effective internal controls (35:31) A tiara and a title
Deborah Deras, Top Latina Peak Performance Speaker, Author and Consultant. Tiffany Couch is a nationally recognized forensic accounting expert and author of the book The Thief in your Company – a book about the financial and emotional devastation of insider fraud. Think fraud can’t happen to you? Think again! She shares how to write a book to jump start your public speaking Career. For a free Webinar www.deborahderas.com/speaknow
This week: Financial Fraud It can happen in your org. How do you prevent it? What are the red flags that reveal it? What do you do when you discover it? Who are the likely perps? Tiffany Couch is a … Continue reading →
Tiffany Couch is the producer of the Monkey Tooth Podcast, which recently interviewed ME (and you can find that right here). She was good enough to share with me her first job working in a bowling alley behind the snack bar, which had the added benefit of being right next to the actual bar where...
Tiffany Couch is the producer of the Monkey Tooth Podcast, which recently interviewed ME (and you can find that right here). She was good enough to share with me her first job working in a bowling alley behind the snack bar, which had the added benefit of being right next to the actual bar where...
Fraud is a real issue in any industry but can be especially detrimental to construction. We're joined by Tiffany Couch of Acuity Forensics to discuss what fraud looks like in the construction industry. Did you know: Once fraud is discovered in a construction company, the theft accounts for upwards of $200k?
Fraud is a real issue in any industry but can be especially detrimental to construction. We're joined by Tiffany Couch of Acuity Forensics to discuss what fraud looks like in the construction industry. Did you know: Once fraud is discovered in a construction company, the theft accounts for upwards of $200k?
On July 24, 2018 we were joined by Tiffany Couch, the CEO and founder of Acuity Forensics.
Forensic accountant Tiffany Couch shares three stories from her files, with valuable lessons for finding and preventing frauds.
Show notes: In episode 11, the first of Angela's 'Farm Series,' she is joined by her friend and forensic accountant, Tiffany Couch of Acuity Forensics and author of The Thief in Your Company. Find out why Angela would cross paths and have a need for a forensic accountant and the role Tiffany played in assisting her company leading up to and during the litigation process. Tiffany shares practical advice on how to prevent fraud, what the red flag indicators are, and whether one should prosecute or not prosecute. Lastly, find out why Ding Dongs were so important in the trial.... Contact Info: Tiffany Couch - www.acuityforensics.com To purchase The Thief in Your Company - Paperback Version of The Thief in Your Company On Twitter: @TheTiffanyCouch On Facebook: @TheTiffanyCouch On Instagram:@the_thief_in_your_company Angela Shen - www.powerofconnectionpodcast.com On Twitter - @angteatime On Facebook: Power of Connection Podcast Email: angelapocpodcast@gmail.com On Instagram: @powerofconnectionpodcast
October 2013 - Tiffany Couch, CFE, CPA and Principal of Acuity Group in Washington. Couch recently investigated a fraud scheme involving a trusted controller at a retail store that went from bad to worse with each transaction uncovered.
June 2017 - In this episode, fellow CFEs Tiffany Couch and Janet McHard recall their first meeting and share their stories of opening up their own practices. Couch, CFE, CPA/CFF is the principal of Acuity Forensics and McHard, CFE, CPA, MAFF, CFF, is the founding partner of McHard Accounting Consulting LLP.
Fraud in the Workplace with guest Tiffany Couch. CLOUSER and guest discuss a problem plagued by many businesses–both small and large businesses. Guest talks about the impact to revenue and other operating costs to a business from the impact of a fraudulent act. Couch discusses the profile of those committing fraud and how owners and […] The post EP 76: Fraud in the Workplace appeared first on Clouser On Business.
If you really want to understand President Donald Trump's finances, the first two pages of his federal income tax return isn't the best place to look. Fraud can happen anywhere—even in the most successful companies. Most businesses, large and small, lose an average of 5% of their annual gross revenues to insider fraud. The worst part? The Thief in Your Company is most likely the person you trust the most. Forensic accountant Tiffany Couch is a sleuth with an adding machine. She has seen theft in many forms, but what sticks with her the most is not the fraud schemes or the dollar losses. It's the victims who all experience the same emotional devastation that these crimes leave in their wake. To learn more about Tiffany Couch visit: http://www.acuityforensics.com/ Personal Finance Cheat Sheet Article: http://www.cheatsheet.com/personal-finance/how-schools-can-improve-their-personal-finance-education.html/ Financial Advisor Magazine Articles: http://www.fa-mag.com/news/advisors-stay-the-course-amid-monday-s-market-drop-22864.html?section=3 http://www.fa-mag.com/news/on-it-s-80th-anniversaryadvisors-consider-social-security-s-impactfuture-22784.html?section=3 You can listen live by going to www.kpft.org and clicking on the HD3 tab. You can also listen to this episode and others by podcast at: http://directory.libsyn.com/shows/view/id/moneymatters or www.moneymatterspodcast.com #KPFTHOUSTON #Acuityforensic
TIFFANY Couch, is the founder and principal Acuity Forensics, an award-winning forensic accounting firm that specialize in fraud investigation, financial litigation support and fraud-related training. Tiffany has more than 17 years of experience in the field of accounting, with the last 10 years focused completely on forensic accounting related engagements. She is also a nationally recognized speaker on the topic of fraud and forensic accounting. She has also published several articles in local, regional, and statewide publications. See her beautiful infographic show notes, plus her top tips and advice for entrepreneurs and aspiring entrepreneurs at www.TodaysLeadingWomen.com or by clicking here!