I wish I had payed more attention in my college forensic accounting class. Fascinating stuff.
Anyway - - - what are some controls to put in place to help prevent employee theft?
Here are just the basics as I recall.... definately need a refresher course!
For those of you with brick and mortar.... what controls do you put in place?
Anyway - - - what are some controls to put in place to help prevent employee theft?
Here are just the basics as I recall.... definately need a refresher course!
- Divide duties... one employee needs to report to/check work of another... for example, one needs to sign off on the till count of another.
- Sign in and out w/ till - - - during that time, only that person can access register. Therefore, that person is responsible for count.
- Bookkeeper doesn't open / reconcile bank account.
- Security camera's.
For those of you with brick and mortar.... what controls do you put in place?
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