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Software Tax (AXcess News) WheatonMD - Accounting firm releases online anti-fiscal theft guide -- "Embezzlement 101: How To Embezzle From Your Employer And NOT Get Caught". Auditors, Inc. said it released the theft guide toeducate business owners on the degree of employee embezzelment taking place in the business community.

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Every Landlord Tax Deduction While the group uses humor to catch the eyes of small business owners, employee fiscal theft is no laughing matter. Auditors Inc. estimates that three out of every ten companies that files for bankruptcy does so, in part, because of employee theft.

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Tax Help Ruth Crane is the President of Auditors Inc. She says employers must be aware of the "10-10-80 rule". "Ten percent of employees will never steal from an employer, another ten percent of employees will always steal. The other 80% will steal from employers given the "right rationalization". Crane defines a small business as one with less than three bookkeepers irrespective of revenue and says that the only way employers can stop embezzlement is to do their own bookkeeping or follow the procedures outlined in the Auditors Inc. guide.

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Help Tax In addition to the anti-embezzlement guide on its website, Auditors Inc., which is a member of both Association of Certified Fraud Examiners and the American Institute of Professional Bookkeepers, offers what it calls "forensic bookkeeping" to help business owners detect if there is a possibility of employee theft or embezzlement through a review of the company's financial records.

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Ernst Ernst Guide Guide Tax The anti-embezzlement guide, which is downloadable via purchase from the Auditors Inc. website (www.embezzlement.com), is intended for small business owners who have no bookkeeping experience and includes concrete, step-by-step instructions to review purchase order numbers, checks and other financial instruments used by employees to commit embezzlement. Duplicate check numbers, duplicate purchase order numbers and deposits made into accounts that employers have no knowledge of are all red flags for employee fiscal theft, which Auditors Inc. says business owners should be on the lookout for as ways to protect the financial viability of their companies.

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