Includes bibliographical references and index.

Hiring the right employees -- Know your employees -- Sales, cash receipts, and collections -- Credit card sales, transactions, and merchant statements -- Purchases, cash disbursements, checks, and petty cash -- Credit cards and debit cards -- Employee expense reimbursement -- Electronic banking -- Payroll processing -- Inventory issues and controls -- Bank statements, canceled checks, and reconciliations -- Financial reports -- Safeguarding your bookkeeping or accounting systems -- Prevention, detection, and insurance -- Your response to an identified or potential issue -- Embezzlement controls for business enterprises -- Who was Lester Amos Pratt?

From implementing prudent hiring policies and practices through collecting receipts. making deposits, writing checks, paying employees, and evaluating the adequacy of insurance coverage, this essential book covers the major financial areas commonly found in most small businesses, and provides you with easy steps to follow in preventing and detecting embezzlement.