Accounting assignmentbullemployee theft is a major problem, Ask an Expert

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Accounting Assignment

• Employee theft is a major problem in the U.S. retail industry. Information obtained from SecurityInfoWatch reported that twenty three major retailers alone apprehended over 1.1 million shoplifters and dishonest employees, and recovered more than $189 million from these thieves in 2012.

• Watch J. Farrell's video titled "Prevent Employee Theft in Your Business":

https://www.youtube.com/watch?v=x8OHUCMtgMM&feature=youtu.be

• Analyzing the information contained in the video, identify at least four internal controls effective in mitigating employee theft and / or fraud.

• Provide at least two examples of internal controls that could be implemented to reduce theft in the U.S. retail industry.

• Provide support for your answer.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92313094

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