Tag: Deter employee theft

If you run a business that does a large volume of cash transactions, you’re at a heightened risk of employee fraud. Good hiring practices can cut fraud, but you never know when you’ll make a hiring mistake or a good employee will go bad. Implementing strong internal controls can help you deter and detect cash skimming. Implement Inventory & Keep Current Cash theft is especially problematic in businesses that don’t keep track of inventory or in businesses with loose inventory controls such as food or bar service. However, you do not need to accept this as a cost of doing ... Read more