The article categories are listed below, click on a category to go these articles (or you may scroll down the page to view them all)

ARTICLES - TABLE OF CONTENTS
  (1) fraudGUARD Myths
  (2) Fraud, Confidentiality and Security
  (3) Taxation and Professional Corporation
  (4) Practice Management

fraudGUARD Myths

1. fraudGUARD Myth 1 - "I write the cheques so no one can steal from me."  

   • Keeping your chequebook in a safe and secure location will prevent fraudsters from stealing your cheques and using them for fraudulent purposes. However, this will not stop fraudsters from .....(click here to read the full article)

2. fraudGUARD Myth 2- “My employee dishonesty insurance will cover my losses for all instances of employee dishonesty.”

   • Employee dishonesty insurance is designed to protect the employer from financial losses due to the fraudulent activities of an employee. Insured losses usually include the employee’s theft of money, securities or other property that belong to the dentist... ...however, many employee dishonesty policies do not cover losses when an employee steals from a third party... (click here to read the full article)
      

3. fraudGUARD Myth 3 - “Dental office fraud is an urban problem. Dentists who practice in rural environs are less likely to experience fraud.”

   • A recent survey of dentists suggests that geographic location does not seem to affect the likelihood of embezzlement. Urban, suburban and rural dental offices all report incidents of fraud greater than... (click here to read the full article)

4. fraudGUARD Myth 4 - “fraudGUARD is too expensive”

   • ...just like dentists, we sometimes deal with “cost objections” from our clients... ...and while less expensive “fraud protection” alternatives may exist, no company in Canada has the industry specific experience of prosperident in dental office fraud protection and detection... (click here to read the full article)

5. fraudGUARD Myth 5 - “The preparation of my year-end financial statements will detect employee fraud in my practice.”

   • An alarming number of dentists have confidence that their year-end financial statement preparation will detect employee fraud. This confidence is overstated as many common dental office frauds will bypass the accountant’s radar screen.... (click here to read the full article)

6. fraudGUARD Myth 6 -

   • Coming soon... (click here to read the full article)

7. fraudGUARD Myth 7 -

   • Coming soon... (click here to read the full article)

8. fraudGUARD Myth 8 -

   • Coming soon... (click here to read the full article)

9. fraudGUARD Myth 9 -

   • Coming soon... (click here to read the full article)

10. fraudGUARD Myth 10 -

    • Coming soon... (click here to read the full article)

Fraud, Confidentiality and Security

1. Reduce the Risk of Fraud in your Dental Practice 

   • Fraud is a real and likely danger for dentists. Implement these one time steps to reduce your risk of being embezzled.

2. The Security and Confidentiality of Computer Based Oral Health Records. (Published CDAA Journal Winter 2002)

   • The computer based oral health record is one of the most significant events to happen in dentistry since the introduction of the computer. While computer-based patient records have distinct advantages over paper-based records, they often are subjected to a higher level of scrutiny than the conventional paper based record.

3. Jill has a great smile!

   • Dentists must remain vigilant towards the possibility of fraud in their practice. From time to time, dental office employees are asked by patients to misrepresent statements on their dental claims in order to maximize their coverage. Receptionists may identify with these requests and rationalize they are acting in the patient’s best interest when preparing false claims.

4.  Ri$k Management in the Dental Office

   • Risk management in the dental office, from a financial point of view, has changed dramatically in the last few years as more and more practices become dependent on information technology. Hardware, software and personnel disruptions, for even a few days, can cause severe financial loss. Longer disruptions can threaten your ability to provide essential services. The continued operation of a dental practice depends on a keen awareness of potential disasters; the ability to implement a plan to minimize disruption of critical computer functions and, the capability to recover the practice’s operations quickly and effectively.

Taxation and Practice Management

1. Dental Practice Valuation Methods

   • A synopsis of two common methods for 'valuing' a dental practice. If you're thinking about buying or selling a dental practice, this article will shed light on how 'the numbers' are derived.

2. Partnerships and Cost Share Arrangements

   • There are numerous advantages of practicing in a group. This article discusses some of the differences between a partnership and cost share arrangement.

3. Buying an Incorporated Dental Practice

   • This article discusses the key issues faced when purchasing an incorporated dental practice.

Practice Management

1. How to choose a Dental Management Consultant

2. 10 tips to Improve Your Productivity

   • Collective wisdom on how dentists can generate more revenue per hour.

3. Dental Business Quiz.

   • What is your dental business IQ?

4. Impulse Buying and Return on Investment

   • Understanding how to evaluate "return on investment" will go a long way in helping you quantify and understand 'good' spending vs. 'bad' spending in your practice.

5. Dental Segment Trends

   • Over the two decades, there have been some divergence in the general characteristics of dental practices. Changes in the technical, social and economic conditions of dental care have shaped a number of unique practice segments.