I read an article in Strategic Finance IMA (Institute of Management Accountants) October 2014 by Curtis Verschoor, CMA, CPA, “A Month of Embezzlement Stories” quoted Computer Weekly saying “Because the average size company in the U.S. has approximately 10 employees, and because a significant percentage of U.S. firms of that size use QuickBooks, the current digital accounting environment in the U. S. has become effectively an embezzler’s dream come true.” It goes on to explain that the desire for a user friendly accounting systems has superseded security allowing fraud to occur. A good friend of my has taken the time to show you how you can prevent this from happening to you. I have broken down it into several sections so that you can apply everything she recommends. Read the blog weekly then apply it to your books. I felt if I posted it in its entirety it would be too overwhelming. Remember if you are not doing your own quickbooks you should follow these instructions. Good Luck.
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