Sneaky ways employees steal and how to prevent it from happening

https://www.openforum.com/articles/7-sneaky-ways-employees-steal-and-how-to-prevent-it/?extlink=of-syndication-sb-p

This is a great article by Barry Moltz where he writes about sneaky ways that employees steal from companies and how to prevent it. The seven ways are as follows:

1. Set up fake vendor accounts.- When employees can add vendors, add invoices and cut checks then they also can create fake vendors, fake invoices and cut real checks and steal money. Some ways to prevent this from happening is by using purchases orders, separating duties which goes with having more than one person know how to work the accounting system

 

 

photo credit: Lego: Cash machine robbery via photopin (license)

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