文档介绍：本科毕业论文(设计)
外文翻译
外文作者 Snyder Neil H , Broome O. Whitfield
原文:
Using internal controls to reduce employee theft in small business
Employee theft is one of the most serious problems faced by small businesses in the United States today. According to the . Chamber merce, $40 billion is stolen annually from . businesses, ten times the cost of the nation's street crime. In addition, estimates suggest that almost $200 billion worth of employee time is stolen annually and that losses due to employee theft are increasing at a rate of 15 percent per year.
The effects of employee theft on smaller firms can be devastating. Because of petitive nature of the markets they serve and the financial constraints they face, small businesses can ill afford to ignore this problem. According to one estimate, for example, almost one-third of all business failures in the United States are due to internal theft. Interestingly, most small business owners are not sensitive enough to the threat posed by this form of theft, and tend to regard it as a cost of doing business. Internal issues in general, and employee theft in particular, tend to be ignored unless, and until, severe problems arise.
The Importance of Internal Controls
The implementation of appropriate internal control procedures is a fundamental and important step in reducing employee theft. To be effective, the controls used and the way they are implemented must reflect an understanding of who is likely to steal from pany and how he or she might do it. Additionally, internal control procedures must be used in a consistent manner, and they should not differentiate among owners, managers, partners, officers, relatives, or friends.
This article focuses on the use of internal controls in small firms to reduce employee theft. It takes into account that, in dealing with the theft problem, smaller firms e to
grips with severe constraints that larger firms do not encounter. Additionally, the anizational issues that influen