I have an earlier post promoting criminal background checks for employees who have access to cash and accounting records. Here is just one more example of a company being penny wise and pound foolish. They saved a few bucks by not performing a criminal background check on a bookkeeper with, I’m going to guess, pretty much unrestricted and unsupervised access to cash and cash accounts.
Stupid, stupid, stupid.
For the complete story and all the others on this blog, visit Amazon and search for “Tales From The Trenches,” available after August 31st, 2020.
cash flow, cash skimming, dishonest cashiers, embezzlement, Employee Theft, fraud, fraud theft embezzlement internal controls small buisiness, Internal Audit, internal controls, retail theft, segregation of duties