Posts tagged ‘cash skimming’

 

Internal Controls Are Key – But They Have To Be Challenged To Be Effective

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Hannaford Brothers Co. was a good place to work, as I said elsewhere on this blog. They had a strong commitment to good internal controls from the very top to the bottom of the ladder. But they also had a professional and effective internal audit function. STILL, fraud was occurring all the time. Sure, there […]

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Embezzlement never takes a holiday

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If you have concerns along this line for your business or organization, contact me. benson.dana@gmail.com Read through other blog entries to gain a more complete understanding of internal controls that can prevent and detect this sort of thing. Bookkeeper charged with embezzling more than $150,000 from 2 Lincoln County businesses From the 12/23/2015 Portland Press […]

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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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