Embezzlement prevention--to catch a thief.
So far, in part 1 of this 2-part article, the importance of the proper procedures that are needed to be performed in order to hire the best business/financial team members for your practice has been discussed. Utilizing these techniques will give you a fighting chance to eliminate the potential for embezzlement from your business. Also provided were some specific guidelines of embezzlement prevention that you must be alert for, along with the detection of a potential embezzler in the office, by listing the "red flags." Next, in part 2, I will complete the list of specific guidelines that are necessary to prevent embezzlement with the implementation of strong business systems designed to safeguard and control your practice financial system successfully.
Doherty
Hugh F
HF
Doctor's Financial Network, USA. hughdohertydds@comcast.net
D006801:Humans; D010560:Personnel Selection / Q000379:methods*; D011215:Practice Management, Dental / Q000191:economics*; D013800:Theft / Q000517:prevention & control*