Embezzlement, It CAN Happen To You – Tips For Prevention

General QuickBooks News, QuickBooks Setup & Cleanup
As a busy business owner it is quite easy to fall into the bad habit of simply turning over your business’s accounting to someone else; because your time is best spent in the field and not in the office doing paperwork.  Not only is this a bad habit, it can also become a dangerous situation. In the course of my bookkeeping career, now over 30 years, I’ve seen many instances of employee theft – from the simple act of people taking home office supplies in the fall for their children, employees giving themselves unauthorized raises, bookkeepers embezzling money from the business, accountants “cooking the books”, and even family members “making a mess of things”. Whether it's theft of money, supplies, inventory, equipment, or intellectual property, nearly every small business will…
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