Dishonesty made easy: the importance of internal controls.: An article from: The National Public Accountant

This digital document is an article from The National Public Accountant, published by National Society of Public Accountants on September 1, 1993. The length of the article is 1123 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The lack of adequate internal controls can have a detrimental effect on the operations of any company. Many firms have gone bankrupt because of losses caused by its own employees. The first thing companies need to do is to take simple precautions such as thoroughly investigating the background of prospective hirees and segregating duties. In addition, a company should improve its documentation procedures since sloppy records will make the detection of any anomaly difficult. It would also be useful to be aware of techniques commonly used by employees in embezzling company funds.

Citation Details
Title: Dishonesty made easy: the importance of internal controls.
Author: Louis A. Orlando
Publication:The National Public Accountant (Magazine/Journal)
Date: September 1, 1993
Publisher: National Society of Public Accountants
Volume: v38 Issue: n9 Page: p40(2)

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