Guest Column: Monthly Accounting Advice for Better Business – Employee Fraud
The Bottom Line-Monthly Accounting Advice for Better Business
Brought to you by Capital Bookkeeping
Perception of Detection is one of the strongest deterrents to occupational fraud and theft. Let employees know you are actively seeking and auditing your business for potential fraud. High risk areas include cash, portable inventory, higher levels of customer complaints, payroll, undocumented expense reports, unusual accounts receivable balances, and fictitious vendor names. Internal controls are more effective if employees are aware of them and know you are following through with oversight and surprise audits.
Capital Bookkeeping is a CWCC member, as well as the bookkeeping firm for the CWCC. Donna Evans, Chamber President, says “I highly recommend Capital Bookkeeping and encourage you to contact Karin. We are thrilled with their work and our relationship with them.” Let Capital Bookkeeping handle your bookkeeping so you can do what you do best- focus on running your business.
Contact Capital Bookkeeping Owner Karin Lichtenstein at 720-200-5025 or email her at Karin@capitalbookkeeping.com. Visit the website at www.capitalbookkeeping.com.
Chamber members receive 10% off your first two months services!
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