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#23 - Fraud Controls: How to Stop People Stealing from Your Business

Stupid Tax

CHAPTER

Preventing Fraud Through Strict Controls and Monitoring Processes

The chapter emphasizes the importance of implementing strict controls and monitoring processes to prevent fraud in businesses. It discusses various scenarios and examples where fraud can occur, such as employee manipulation of transactions or creating fake invoices. The speaker shares personal experiences and practical tips on monitoring expenses, setting credit limits, and tracking financial activities to ensure financial stability and prevent theft.

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