Preventing and Detecting Employee Theft and Embezzlement: A Practical Guide

Small business owners and accounting departments need immediately useful tips for preventing embezzlement from taking hold in their organizations. With practical guidance for detecting embezzlement in every business, this book reveals lessons learned by author Stephen Pedneault in his twenty years of working with small businesses and organizations both in preventing and investigating employee embezzlements. This eye-opening book offers business professionals an insider look at the different ways embezzlement occurs in businesses, and hard-won advice for keeping their businesses from becoming victims of embezzlement and fraud.

Nyckelord: embezzlement prevention, embezzlement detection, employee theft, employee embezzlement, employee fraud, small business, internal controls, accounting procedures, financial policies, due diligence, hiring employees, hiring practices, resume fraud, credit checks, stages of grieving, fraud triangle, entitlement, desparation, cash receipts, skimming, customer payments, collections, deposits, desktop deposit, remote deposit capture, cash disbursements, fictitious vendors, unauthorized disbursements, purchases, electronic banking, on-line banking, electronic bill payment, checks, check truncation, ACH conversion, credit cards, debit cards, payroll processing controls, inventory controls, bank statements, cancelled checks, bank reconciliation, financial reports, Lester Amos Pratt, safeguards, system access, audit logs, audit reports, QuickBooks, physical inventories, financial reports, back to basics, office theft