Posts tagged ‘cash flow’

 

Quickbooks Tips, Traps and Advice

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QuickBooks is probably the #1 selling small business accounting program in the world. Well, in the US, anyway. It does a great job automating and classifying transactions, and simplifying the processing and allows small business owners to take better control of their finances. Unfortunately, it does not come with a CPA certificate or a BA […]

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WHAT??!! ANOTHER multiple-victim embezzler?

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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 […]

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3 New Embezzlement Stories

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http://connecticut.cbslocal.com/2012/11/15/cable-exec-charged-with-embezzlement/ Here is another small non-profit organization victimized by poor internal controls and bad management. Good management does not tolerate bad internal controls. BOLTON, Conn. (AP) _ Bolton police say the former president of a public access TV station embezzled nearly $380,000 since 2007. The Journal Inquirer reports that Deborah Hilton of Bolton surrendered to […]

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Are Criminal Background Checks a Waste of Time and Money?

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Listen, you spend hundreds and thousands of dollars every year on auto insurance, and life insurance and homeowner’s insurance, right? And your hope and expectation is that you NEVER have to draw on it, right? Nobody in their right mind drives around thinking, gee, I hope I get in an accident and do lots of […]

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