{"product_id":"preventing-and-detecting-employee-theft-and-embezzlement-9780470545713","title":"Preventing and Detecting Employee Theft and Embezzlement","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eIf you don''t think that some employees have figured out ingenious ways to steal from businesses, read this book. The real-life examples will change your mind. ?Joseph T. Wells, CFE, CPA, founder and Chairman, Association of Certified Fraud Examiners\u003c\/p\u003e \u003cp\u003eAn easy-to-read, but comprehensive step-by-step approach that covers every potential area for employee fraud and embezzlement. Great checklists at the end of each chapter show what steps to put into place for controls and protection. Includes real-life examples that really ''bring the story home.''  ?Jean L. Conover, CPA, past CEO\/CFO, Jefferson Radiology PC\u003c\/p\u003e \u003cp\u003eThis book is a must-read for seasoned entrepreneurs as well as those considering entering their own business venture. While developed for small business, the risk detection and prevention methodologies presented by Mr. Pedneault are universal to all businesses. The concise checklists provide ready guidance for establishing a complete system of controls.?Denise H. Armst\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003ePreface xiii\u003c\/p\u003e \u003cp\u003eAcknowledgments xvii\u003c\/p\u003e \u003cp\u003eIntroduction xix\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 1 Hiring the Right Employees 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDisclaimer 1\u003c\/p\u003e \u003cp\u003eWhere Do You Start? 1\u003c\/p\u003e \u003cp\u003eAdvice of Counsel 3\u003c\/p\u003e \u003cp\u003eApplication Policy 3\u003c\/p\u003e \u003cp\u003eDue Diligence 5\u003c\/p\u003e \u003cp\u003ePersonal Information 7\u003c\/p\u003e \u003cp\u003ePast Employment 8\u003c\/p\u003e \u003cp\u003eEducation 9\u003c\/p\u003e \u003cp\u003eReferences 11\u003c\/p\u003e \u003cp\u003eCriminal and Civil History Checks 11\u003c\/p\u003e \u003cp\u003eCredit Checks 13\u003c\/p\u003e \u003cp\u003eHiring Time 14\u003c\/p\u003e \u003cp\u003eHiring the Right Employees: Considerations 17\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 2 Know Your Employees 19\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhy Is Knowing Your Employees Important? 24\u003c\/p\u003e \u003cp\u003eOpen Communications 25\u003c\/p\u003e \u003cp\u003eWhat Should You Watch for in Your Employees? 26\u003c\/p\u003e \u003cp\u003eKnow Your Employees: Considerations 29\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 3 Sales, Cash Receipts, and Collections 31\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eHere’s Where Everything Starts 31\u003c\/p\u003e \u003cp\u003eRecording and Tracking Sales 32\u003c\/p\u003e \u003cp\u003eCollections 44\u003c\/p\u003e \u003cp\u003eDebit Memos and Other Adjustments 48\u003c\/p\u003e \u003cp\u003eAccounts Receivable 52\u003c\/p\u003e \u003cp\u003eSales, Cash Receipts, and Collections: Considerations 54\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 4 Credit Card Sales, Transactions, and Merchant Statements 59\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eProcessing Sales 59\u003c\/p\u003e \u003cp\u003eReconciling Sales 61\u003c\/p\u003e \u003cp\u003eProcessing Refunds or Credits 61\u003c\/p\u003e \u003cp\u003eReviewing and Reconciling Refunds or Credits 63\u003c\/p\u003e \u003cp\u003eReviewing and Reconciling the Merchant Statement 67\u003c\/p\u003e \u003cp\u003eCredit Card Sales, Transactions, and Merchant Statements: Considerations 69\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 5 Purchases, Cash Disbursements, Checks, and Petty Cash 71\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePurchases 75\u003c\/p\u003e \u003cp\u003eCash Disbursements\/Checks 80\u003c\/p\u003e \u003cp\u003eUnpaid Bills\/Accounts Payable 84\u003c\/p\u003e \u003cp\u003ePetty Cash 86\u003c\/p\u003e \u003cp\u003ePurchases, Cash Disbursements, Checks, and Petty Cash: Considerations 88\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 6 Credit Cards and Debit Cards 91\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCredit Cards 94\u003c\/p\u003e \u003cp\u003eDebit Cards 96\u003c\/p\u003e \u003cp\u003eCredit Cards and Debit Cards: Considerations 99\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 7 Employee Expense Reimbursement 103\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eExpense Submission 104\u003c\/p\u003e \u003cp\u003eWhere Are the Abuses? 106\u003c\/p\u003e \u003cp\u003ePayment Processing 109\u003c\/p\u003e \u003cp\u003eEmployee Expense Reimbursement: Considerations 111\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 8 Electronic Banking 115\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTraditional Banking (In-Person Deposits and Manual Check Writing) 115\u003c\/p\u003e \u003cp\u003eCheck Processing and Clearing Changes 117\u003c\/p\u003e \u003cp\u003eChanges in Bank Deposits 120\u003c\/p\u003e \u003cp\u003eATMs 121\u003c\/p\u003e \u003cp\u003eOnline Banking 122\u003c\/p\u003e \u003cp\u003eWhat Can You Do? 123\u003c\/p\u003e \u003cp\u003eElectronic Banking: Considerations 132\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 9 Payroll Processing 137\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePayroll Administration: Adding\/Changing\/Terminating 138\u003c\/p\u003e \u003cp\u003ePayroll Processing 142\u003c\/p\u003e \u003cp\u003ePayroll Tax Returns 149\u003c\/p\u003e \u003cp\u003ePayroll Processing: Considerations 151\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 10 Inventory Issues and Controls 153\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePrevention: Good News and Bad News 153\u003c\/p\u003e \u003cp\u003eRetail Businesses: Items Available for Sale 153\u003c\/p\u003e \u003cp\u003eAll Businesses: Items for Use by Employees (Supplies, Tools, and Equipment) 166\u003c\/p\u003e \u003cp\u003eDetection 166\u003c\/p\u003e \u003cp\u003eInventory Issues and Controls: Considerations 169\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 11 Bank Statements, Canceled Checks, and Reconciliations 173\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBank Statements 177\u003c\/p\u003e \u003cp\u003eInvestment Account Statements 178\u003c\/p\u003e \u003cp\u003eCanceled Checks 178\u003c\/p\u003e \u003cp\u003eBank Reconciliations 181\u003c\/p\u003e \u003cp\u003eBank Statements, Canceled Checks, and Reconciliations: Considerations 187\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 12 Financial Reports 189\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGenerate Financial Reports Regularly 190\u003c\/p\u003e \u003cp\u003eWhy Is the Regular Review of Financial Reports So Important? 195\u003c\/p\u003e \u003cp\u003eWhen to Consider Outside Advice and Assistance 196\u003c\/p\u003e \u003cp\u003eFinancial Reports: Considerations 202\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 13 Safeguarding Your Bookkeeping or Accounting Systems 205\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eManual Bookkeeping Systems 206\u003c\/p\u003e \u003cp\u003eComputerized Bookkeeping and Accounting Systems 209\u003c\/p\u003e \u003cp\u003eQuickBooks Users 222\u003c\/p\u003e \u003cp\u003eSafeguarding Your Bookkeeping or Accounting Systems: Considerations 224\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 14 Prevention, Detection, and Insurance 227\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTiming Is Everything 229\u003c\/p\u003e \u003cp\u003eAdequacy of Coverage 230\u003c\/p\u003e \u003cp\u003eResponsibilities for a Claim 230\u003c\/p\u003e \u003cp\u003eDisclaimer 235\u003c\/p\u003e \u003cp\u003ePrevention, Detection, and Insurance: Considerations 236\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 15 Your Response to an Identified or Potential Issue 239\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA Dreaded Day of Discovery 239\u003c\/p\u003e \u003cp\u003eDue Diligence on the Discovery 243\u003c\/p\u003e \u003cp\u003eWhat If It Appears to Be Fraud? 246\u003c\/p\u003e \u003cp\u003eYour Response to an Identified or Potential Issue: Considerations 249\u003c\/p\u003e \u003cp\u003eAppendix A: Embezzlement Controls for Business Enterprises 253\u003c\/p\u003e \u003cp\u003eAppendix B: Who Was Lester Amos Pratt? 291\u003c\/p\u003e \u003cp\u003eAbout the Author 295\u003c\/p\u003e \u003cp\u003eIndex 297\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":53515417911639,"sku":"9780470545713","price":45.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780470545713.jpg?v=1782124307","url":"https:\/\/bookcurl.com\/products\/preventing-and-detecting-employee-theft-and-embezzlement-9780470545713","provider":"Book Curl","version":"1.0","type":"link"}