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ID number:127031
Evaluation:
Published: 02.01.2006.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

Many small businesses and larger organizations are facing the unnecessary high cost of operations because people have misappropriated the use of company's resources. While most companies consider their employees to be assets many often see them as liabilities. Larger organizations typically can afford internal control checks and balances needed to deter many of the more significant fraud and embezzlement schemes (IRS 2001). Small business often must trust individuals, however are more often subject to employee theft. This theft can go unseen and have a drastic effect on any business. …

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