𝐌𝐨𝐧𝐞𝐲 𝐢𝐬 𝐚 𝐦𝐞𝐚𝐬𝐮𝐫𝐞𝐦𝐞𝐧𝐭 𝐨𝐟 𝐩𝐞𝐨𝐩𝐥𝐞’𝐬 𝐜𝐡𝐨𝐢𝐜𝐞𝐬..

If you own and operate a prosperous business and employ people that help fulfill the operations of that business, human nature dictates that we will trust those employees to make meaningful decisions.

Unfortunately, statistics show that given the right circumstances, employees will steal. It is important to empower employees to excel in their role, but I am finding that the more business owners don’t want to be bothered with a task the easier it is to hand it off and the less likely the work will be reviewed.

Sometimes this empowerment can cause a person to rationalize fraud. Many times bookkeepers are the “right hand” to a business owner and responsible for a large amount of duties with access to permissions, PII, check writing, banking and reconciliations with no oversight.

If the owner is reaping the cash flow with new cars, vacations, personal purchases, this can cause the bookkeeper to rationalize lining their own pockets. It’s easy to get sucked into buying material things, partly because it’s in our nature to compare our situation to those around us.

𝐓𝐫𝐮𝐬𝐭 𝐛𝐮𝐭 𝐯𝐞𝐫𝐢𝐟𝐲.. 𝐢𝐭’𝐬 𝐲𝐨𝐮𝐫 𝐜𝐨𝐦𝐩𝐚𝐧𝐲 – 𝐧𝐨𝐭 𝐲𝐨𝐮𝐫 𝐛𝐨𝐨𝐤𝐤𝐞𝐞𝐩𝐞𝐫’𝐬 𝐜𝐨𝐦𝐩𝐚𝐧𝐲.

#accountant #bookkeeper #bookkeeping #accounting #cfe #business #smallbusiness #smallbusinessowner #bookkeeperfraud #internalcontrols #consultant #consultantlife #outsourced #outsourcedconsultant #consultingservices #quickbooks #palmbeachaccountant #womanownedbusiness #financialfraud #fraud