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Showing posts from April, 2020

How to Prevent Bookkeeper Fraud in Your American business

Bookkeeping services Irvine in California are critical services that you shouldn’t just trust anyone with. The most fundamental way to reducing the risk of fraud is by setting up internal controls. This means that job duties should be separated. It is crucial to understand that no internal controls system can eliminate the risk of bookkeeper fraud. It can only make it harder for fraudsters to steal. If two workers are colluding, it will be difficult to spot. It is only difficult but not impossible. Here are some ways to help you reduce fraud in your business. Creating separation of duties This is the cornerstone of a solid control system. When it comes to fraud prevention, separating duties involves dividing important duties into primary accounting and bookkeeping functions between departments or employees. You need to ensure you distribute financial responsibilities and duties among your employees and if possible use external bookkeeping service Irvine in Calif