3.33 Larceny of Inventory and Other Assets (Non-Cash) as a sub-category of ASSET MISAPPROPRIATION скачать в хорошем качестве

3.33 Larceny of Inventory and Other Assets (Non-Cash) as a sub-category of ASSET MISAPPROPRIATION

The video will provide an in-depth look at: Definition of Non-Cash Larceny: The outright theft of an employer's physical assets (inventory, equipment, or supplies) without initially attempting to conceal the act in the books . Common Schemes: Unconcealed Larceny: Simple theft where items are just carried out of the premises . Asset Requisitions and Transfers: Using internal paperwork for fictitious projects to move and then steal assets . Purchasing and Receiving: Falsifying receiving reports (e.g., marking shipments "short") to steal the difference . False Shipments: Creating fake sales or packing slips to have the company "deliver" stolen goods to the fraudster or an accomplice . Concealment Techniques: How fraudsters manage inventory shrinkage, including altering perpetual records ("forced reconciliation"), writing off assets as scrap/obsolete, and "physical padding" (using empty boxes to hide missing stock) . Detection and Prevention: The importance of physical safeguards (locks, cameras), segregation of duties, and regular, independent physical inventory counts .