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How To Prevent Employee Theft In Your Construction Company

Posted by Sharie DeHart on Fri, Jul 29, 2022

Recent employee theft statistics are increasing, and small business owners are more vulnerable to the problem. The most common embezzlement methods include billing fraud, cash on hand, and check tampering.

You may not know how employees can steal from you as a construction business owner. Some standard methods include:

  • redirecting company checks to personal accounts and altering entries to cover up the theft
  • undercounting change to customers and keeping the balance
  • seeking reimbursement for non-business related expenses or 
  • pocketing inventory or supplies.

Just as you can't be 100% secure all the time, there is no way to eliminate 100% of the embezzlement in your contracting company. However, you can limit your losses and avoid most of them with suitable preventative measures.

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Topics: Bookkeeper Embezzlement, Embezzlement, Contractor Bookkeeper Embezzlement, Construction Bookkeeper Embezzlement, bookkeeper theft, Employee Theft

Bookkeeper Theft or Incompetence, Which Cost You More Money?

Posted by Randal DeHart on Fri, May 18, 2012

Bookkeeper Incompetence - No Question About It!

The Little Leaks Sink The Ship - Whenever a disaster hits your company, like Bookkeeper Theft it gets your attention real fast and you tend to jump on it with both feet and fix it! However it is the little leaks caused by bookkeeper incompetence or even worse Bad Bookkeepers that will destroy you company.

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Topics: Bookkeeper Embezzlement, Contractor Bookkeeper Embezzlement, bookkeeper theft

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