10 Tips on Segregating Bookkeeping Duties in a Small Law Firm
Posted on November 2, 2011 | No Comments
Beatriz Milia asked:
I guarantee you that whoever said, “There’s a sucker born every minute,” was not talking about attorneys. Still, many law firms get defrauded every year by their bookkeepers.It may seem impractical or unnecessary to segregate duties, but one person should not be entrusted in doing all of the bookkeeping tasks. An accounting firm or CPA can help you implement effective internal control procedures to reduce errors and discourage fraud. Following these tips will also help:
1.
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I guarantee you that whoever said, “There’s a sucker born every minute,” was not talking about attorneys. Still, many law firms get defrauded every year by their bookkeepers.It may seem impractical or unnecessary to segregate duties, but one person should not be entrusted in doing all of the bookkeeping tasks. An accounting firm or CPA can help you implement effective internal control procedures to reduce errors and discourage fraud. Following these tips will also help:
1.