Posts tagged ‘grocery store’

 

Performing Cost Recovery Audits, Adding Value and Having Fun

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As any kind of employee anywhere, it is always a good idea to keep track yourself of just exactly what value you add to your company or organization. This doesn’t have to be translated into dollars, although dollars are a common currency of relative value. For any type of nonprofit organization, the worth could be […]

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Hey, you got a receipt for that stuff?

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While Manager of Internal Audit at the supermarket company, I was informed that the Loss Prevention Department had heard rumors of odd goings-on at one of the drugstore locations. It sounded like there were “after hours” (the stores all closed at p.m.) “parties” and perhaps other naughtiness. Generally, Loss Prevention took care of things like […]

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Bad Bookkeeper!

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I can tell this story because the basic facts were publicized when the bookkeeper was found guilty of fraud. It happened a while ago, but the lesson is as true today as it was back then. If you have cashiers and bookkeepers, you have theft. Good internal controls will reduce the theft, but will not […]

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What’s in the drawer????

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I was a bank auditor for about a year in my early career. One afternoon, the main branch manager called me to say one of her tellers was $1,000 short, and would I come downstairs to the branch to take a look. I was relatively new to the job, and cashing up a bank teller […]

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