Preventing and Detecting Employee Theft and Embezzlement



From implementing prudent hiring policies and practices through collecting receipts, making deposits, writing checks, and evaluating the adequacy of insurance coverage, this essential book covers the major financial areas commonly found in most companies and provides you with easy steps to follow in preventing and detecting embezzlement.

This practical guide takes a closer look at:

  • Why you would be wise to perform independent due diligence on a potential employee
  • The truth about contacting past employers when checking on a candidate
  • What you must do in the hiring process to better protect yourself and your business
  • How to know and monitor your existing employees

Its shorter chapters, checklists and cases are specifically designed to work with your busy schedule, to make prevention and detection of employee theft a more effortless reality in your business.

Product Details

ISBN 978-0-470-54571-3
Hardcover, 310 PAGES

Table of Contents:

  • Chapter 1: Hiring the Right Employees
  • Chapter 2: Know Your Employees
  • Chapter 3: Sales, Cash Receipts, and Collections
  • Chapter 4: Credit Card Sales, Transactions, and Merchant Statements
  • Chapter 5: Purchases, Cash Disbursements, Checks, and Petty Cash
  • Chapter 6: Credit Cards and Debit Cards
  • Chapter 7: Employee Expense Reimbursement
  • Chapter 8: Electronic Banking
  • Chapter 9: Payroll Processing
  • Chapter 10: Inventory Issues and Controls
  • Chapter 11: Bank Statements, Canceled Checks, and Reconciliations
  • Chapter 12: Financial Reports
  • Chapter 13: Safeguarding Your Bookkeeping or Accounting Systems
  • Chapter 14: Prevention, Detection, and Insurance
  • Chapter 15: Your Reponse to an Identified or Potential Issue
  • Appendix A: Embezzlement Controls for Business Enterprises
  • Appendix B: Who Was Lester Amos Pratt?