Preventing and Detecting Employee Theft and Embezzlement A Practical Guide [Hardcover]

If 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

An 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

This 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. Armstrong, CPA, Chief Financial Officer, Sea Research Foundation, Inc. d/b/a Mystic Aquarium and Institute for Exploration

This book is a must for every individual owning their own business. Mr. Pedneault clearly articulates the fraud risks that occur in each business system. In the book, he offers practical advice for internal controls and illustrates the risks with real-life examples. —Leonard W. Vona, President, Fraud Auditing, Inc.

Preface xiii

Acknowledgments xvii

Introduction xix

CHAPTER 1 Hiring the Right Employees 1

Disclaimer 1

Where Do You Start? 1

Advice of Counsel 3

Application Policy 3

Due Diligence 5

Personal Information 7

Past Employment 8

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