5 Signs You May Have Employee Accounting Fraud
As a business owner, you have to be able to trust the people who are working for you. Unfortunately, sometimes the wrong kind of people are hired and businesses deal with the consequences. One of those most common types of theft businesses experience are committed by employees. Our accounting firms in Mid-Missouri is here to give you a few signs to be on the lookout for when it comes to employee accounting fraud. This matter is no joke and if you feel your business could benefit from an audit, call Wilson Toellner CPA . 5 Signs You May Have Employee Accounting Fraud Cash Not Balancing Up No matter what sort of tender you use in your business, whether it be cash or credit - check your balances often. If you start to notice your cash being off by a substantial amount, an employee could be pocketing the missing amount. An Employee on Payroll That Doesn't Exist Have you ever heard of a "ghost employee"? This term is used to describe an employee who was made up, s...