Alright just how are you all doing? Hopefully exactly how did every person do on the examination? You put on'' t recognize yet since I sanctuary ' t handed
it back to you. Existed any shocks? Ok, alright, I wish everybody has actually taken the
third examination over chapters five and six, now we are going to go on we are now like
two thirds through this program semester is zipping, isn'' t it? We do not cover phase 7 in your book ok.
So, we go exactly on to phase eight, as a.
matter of reality I don'' t assume they also have phase 7 in a few of your message books
,. do they? Ok, however we are going to start chapter 8. and I like phase 8 a whole lot. Phase 8 to me is extremely fascinating chapter. What chapter eight gets on is to head to the PowerPoint.
and hopefully once more you pulled these from ANGEL phase eight gets on money and interior.
control money and inner control. Sometimes we state a firm has internal control.
structure ok. Do you men understand what an inner control.
structure of a firm is? Any kind of guesses? When you claim a business has weak inner controls.
or a solid internal controls.Any assumptions? Ok inner control frameworks are the policies. that you established in area to attempt and shield your possessions and advertise performance ok. Now let me ask you this does anyone right here. work retail or has anyone here ever functioned retail? Ok where did you function Anna? “The children ' s location” the kids'' s area. what is that? “It ' s a youngsters ' s garments shop.” A kid ' s garments store Kara where did you. work? “Well I offer retail at my beauty parlor so that kind. of. “” Ok Jake? “Food store” ok did you function? “I operated at wild oats” wild oats ok anybody. else functioned retail? “Grocery store” food store again grocery store. store a great deal of food store employees.
Ok, let me ask you this “, I ' m not sure what. “All the time” were individuals taking alcohol? People steal alcohol?
“there ' s one cam at the back and” it ' “s just. You ' re the only one there you are on camera. Please wear ' t commit any type of crimes.Um did you Sarah?
“No sometimes people would return things that. they didn ' t usage like we would reach keep it however that ' s since like we couldn ' t like. sometimes we have to send it back to the manufacturer but often it
was simply a loss “.” Well we spoke about exactly how this did the stores.
you individuals functioned at were they much more worried with staff member burglary or'customer theft? “Client” was it consumer
? Ok often it depends on the sort of business. ok yet I will tell you and trainees have validated the following is that they there place of. employment was a lot more worried about worker burglary than client theft currently I matured in. a time where the huge wear ' t shoplift you know they began actually punishing shoplifting. and they were prosecute you I remember as a youngster this always frightened me not that I shoplifted. yet it was much like you are on camera and you were being seen similar to this yet I have. heard type a great deal of my students that function retail that there is a lot more employee burglary.
Best buy ok anybody nobody right here has actually functioned. There ' s cams
right there is cameras cams. Expensive things ok can you think of one more.
sort of entity that has strong interior control that
has better more powerful inner control.
ok. That would be a financial institution no one here operated at.
When you function at a financial institution the more fluid the. You better have solid interior
control structures. Have you ever before does anybody understand anybody that.
A whole lot of times my students
would would certainly tellersCashiers Where is one more area that has astounding.
There ' s bunches of cash I indicate if you go to. Ok.So there was a couple people that there wasn ' t. burglary at their location. You said there wasn ' t at your own Sarah?
“Some people would certainly take like one bite of something. or eat fifty percent of it and then return it.
” I do that a great deal “so
there were some there. were like a few perpetrators that did that all the time and but our policy is that we would. take anything back like they can return anything actually.
” Ok well that is most definitely the exception of. the regulation most areas if it is a retail burglary worker and “client theft is something that.
Now the policy interior control is the policies.
Alright these are the rules that they have in location.
perhaps you simply have one individual simulating every little thing perhaps it ' s a small company, and
. you got some woman and I might state Barbara she appears like an actual great lady, but she is.
simply doing every little thing and they would go oh yeah Barbara she ' s an excellent girl she has been. with us for twenty 5 years I said do you understand all right stuff she does accounting.
wise I go that type of examine Barbara ' s work and it turns out like nobody does and. If Barbara desired to do you understand, I would certainly say that ' s a really weak inner control.
the ways that she could steal from you she might do this or do that or do this.And I say you recognize if you want my firm
. can deal with your my firm can deal with yours and we can establish an interior control structure.
where you individuals well be a lot more safe a lot more risk-free due to the fact that your type of subjected right. once in a while what do you assume the CEO or the owner of the business would certainly always tell. me? I just I inform you I can not tell you the amount of. times this has occurred they would say specifically that Marlin they would certainly claim Dave you sure seem.
like a fire young guy and I really value the analysis that you have done.But let me inform you Barbara has actually dealt with. our business for twenty five years she is a dear girl she is a terrific woman she plays.
the body organ at the church she is so sweet on people ' s birthday celebrations she will certainly make them cookies.
and stuff and she is a dear woman I know her other half I understand her kids I recognize her grandkids.
and I tell you what there was a man in the warehouse Larry, Larry '
s mother died a. couple years ago you understand Barbara went to Larry and mosted likely to Larry and stated I am so sorry. about your mom I ' ll never have the ability to replace your mommy, yet Larry I desire you to understand. that I am below for you and a way I want you to consider me as your second mom and exactly how.
ever I can assist you in life if you ever before require recommendations or a shoulder to weep on or just an excellent.
close friend, which ' s just the kind of woman Barbara is she is a stunning human
being.And so we put on ' t I know I appreciate we require. inner control and those
are essential points, however fortunately at my business you understand we are. like family members and I value it but I think we will certainly be ok. Do you understand the number of times I listened to that? All the time and then I would certainly return 2. years later …'Yeah Anna? “That ' s simply funny since my next-door neighbor really.
she was an actually nice woman and she was married and she had like four or five youngsters and she.
That ' s the deal currently she was controller or
. “Yeah she ran like it was like a family members run. Currently allow me ask you this did you know this.
She was a wonderful woman wasn ' t it? And she ' s in prison currently? And below ' s what I'guess what I ' ll ask of you.
That they will proactively try to look off of. What percent do you assume will actively.
try to cheat if offered the possibility of those hundred what do you believe? “Eighty?” you believe eighty? I don ' t concur with that. “possibly fifty percent?” you state fifty percent? Ok some individuals would say all of them or eighty. I really wear ' t think that I mean I can inform you this I ' m not an ideal human being. I never when ripped off in college never did never ripped off in high institution either not cause'.
I was terrified of obtaining caught I'just didn ' t do it, it was the method
I was raised I ' d rather.
obtain a truthful C than a deceitful B “you never ever wrote anything on your hand?” Never ever I
suggest once again not you either however I ' ve. listened to of individuals I presume right here is my deal.Is primary I was constantly the type of child.
that was worried that I would be the one who got caught and second of all I just had enough. confidence I imply this seems big-headed, but I had adequate confidence in my all-natural capability. to do well on points that I didn ' t really feel like I needed to rip off and I simply didn ' t do that. kind things. “Below ' s the kind of youngster that I was I could. remember this tale very vividly, however I was six'years of ages my favored candy and Halloween. is turning up for you all my preferred sweet in the entire globe Reese ' s peanut butter mugs. I like Reese ' s peanut butter cups I love every little thing regarding Reese ' s peanut'butter cups I enjoy the. color of their wrapper I enjoy the odor I like the little jaggedly edge around it I. love every little thing about Reese ' s peanut butter cups.And the most awful thing is that if someone provides
. Reese ' s butter cups due to the fact that
I recognize every one of those are simply mosting likely to remain in my tummy soon. create I simply like them. And when my kids go method or treating they.
When I was a youngster we lived in a much different.
provide us the Pepsi or she allowed us have some sweet ok. Well one time when I was a youngster my mommy.
had to run to the shop and I was nosing around your house and in her storage room I saw'a bag of. of course the holy grail Reese ' s peanut butter cups and it was open it was open and so I ' m like. ok I don ' t need to open its open I ' m simply mosting likely to have one and so I had one a blessed. Reese ' s peanut butter mug as a child and I thought that was quite great and
I ' m going. to have an additional one however then that would certainly be it.Well you recognize where this'is going right I. mean before it was all said and done I took a seat in my embarassment as a sinner with little orange.
wrappers all around me. And I believed as a child and I was six possibly. six what have I done what in god ' s name have I done! And so I tried to hide the proof and I. took all the wrappers and the thing and I headed out to the garbage can out by the garage. and I packed all of it I was simply and I just I had this sensation of sense of guilt ok my mother comes. home and I ' m playing with a vehicle or something well the end outcome was I was so taken in. with'regret that I approached my parents that evening before I'went to sleep and I claimed I need. to inform you something and they go what ' s wrong? And do you keep in mind as a youngster where. you will start to cry and you would certainly weep so heavily that you couldn ' t breath? I was you mosted likely to the shop it was just one of. those scenarios you know nose in the eye brow
and they ' re like relax tranquility down. If you, and I consumed all the Reese ' s and I ' m like falling on my knees have grace on me a sinner. can locate it in your heart
please wear ' t toss me from your presence.And you know my parents reviewing it.
now and having kids of my very own they possibly laughed when I left the space, but I really felt so.
guilty that I confessed since just the method I am. Now I don ' t regret that component of me since. It ' s a great responsibility? It ' s a good accountability. I will inform you whenever I was in secondary school. whenever somebody would do something and
I would do it I would always be the one who. obtained captured all the time currently I wasn ' t unfaithful it would certainly be other things you recognize missing. course or whatever I was constantly the one that obtained caught but that ' s the kind of individual I. am. Now you claim we go back to this cheating example.'that was one of the reasons I didn ' t cheat'most likely due to the fact that I would certainly be the one person that. would obtained caught I simply didn ' t demand to do it. Ok so returning hereafter long Reese
' s peanut. butter tale and I ask forgiveness if actually fifty percent of pupils and you claim eighty you. claimed fifty if as a matter of fact fifty trainees
are cheaters then what you basically told me is that. out of the'twelve of you right here six of you are downright cheaters that ' s what you told me. With your very own lips you ' ve informed me that 6 of you are cheaters?So would I not be a fool to not put plans
and procedures in place to attempt to remove that or reduce that.No I ' m directly'am not naïve enough to
like ok just how do I do this? And after that look it up and while the educators.
up there resting on his computer system you recognize?”” allow me ask you this anybody in a class where.
and everyone else was just resembling peeking at my paper and I'' m just like no'don ' t look.” “That'' s what I would do to.” “Yeah” “” “occasionally educators would leave I'' ve. had some teachers that would just leave and after that come back so like and every person just begins.
disloyalty and it'' s kind of tough just to sit there and do your very own point and everybody ' s.” Right here is among the largest lie I believe is.
said about cheating what'' s the tag line that cliché about unfaithful? “” Cheaters never ever prosper?”” or this cheaters they'' re just injuring themselves.
and I believe that'' s complete garbage.Would you intend to
most likely to a doctor that ripped off.
via clinical institution? “” No”” Would certainly you go to an auto mechanic that had actually ripped off.
through mechanic college? “” No”” ok right here'' s the other
point is I believe. it is really dissuading to the sincere trainee and I do think there are straightforward students.
I assume it is very inhibiting to the honest. student when they see'cheating going on that ' s not being managed do you agree? Since here ' s the offer like it or not in. When I quality a test when everybody, a means it matters what everyone else does I suggest.
does poor I usually do something to change for it but consider if, if the average.
And I put on'' t do anything. Well here'' s the other thing you wear ' t think
. Competing with other university student'' s?
trainee when I would remain in courses and I worked difficult to attempt to do something and I would certainly see.
whole groups of pupils that were unfaithful and the instructor relatively didn'' t care. And I said then if I'ever instruct university. I ' m going to at the very least make an effort to attempt to avoid cheating and by golly I did become. a college professor which'' s what I do. Now if your goal is I'' m going to rip off in
. Krug ' s class if your objective is that after that there'' s possibly not I possibly can right into
protect against let. me see your water bottle for a 2nd I'' m thirsty. No I ' m not I have actually become aware of pupils and I. put on ' t wish to provide you ideas I have actually heard of trainees who have presumed as to have.
a water container on there and they have published their own tag have you become aware of this? And like it'' s a cheat sheet “just how might you.
review that?”” and they'' ll placed it right there and for I recognize.
you'' re alcohol consumption water and “” that'' s quite unlikely however kind of brilliant to.” “” “I'' ve heard individuals like remove the paper.
and afterwards compose the solutions down and after that placed it back on and after that they look within.” “” “I listened to someone in the screening center created.
on their footwear responses and got captured.”” Helpful for them I such as when they get caught,.
Below'' s the bargain I ' m always like you can constantly direct that energy for researching isn'' t. that less complicated just to learn the stuff? You understand the people who would certainly go to that
. length are the exceptions here is the bargain your next-door neighbor who got captured Anna do you assume.
if they had proper interior control framework in position do you believe she would certainly have carried out.
that criminal activity? “” No”” and I bet you the solution is no she would.
If you put policies and treatments in location she would certainly not have done it I can, not have.
nearly assurance you.She would certainly not
be in prison now her hubby.
And did she have children would certainly not be embarrassed by her this is the tradition she leaves? When she passes away at some point even if she ventures out.
of prison they'' re going you see that old girl she scammed her company for 2 hundred.
grand you know that'' s her tradition right? Allow me inform you I listen to several of these individuals.
that will certainly swipe 3 hundred thousand dollars and they need to invest a number of years in.
prison and people go oh 3 hundred thousand two years behind bars that'' s fantastic no. Right here'' s the deal they negotiate down to two years.
since they need to repay it back and they come and they take your cost savings and they come.
and take your 401k and they garnish your wages and you don'' t pay them they put you back in. prison and after that who'' s additionally after you do you recognize taken items is taxable? Stolen money is taxed the internal revenue service the internal revenue service is.
hereafter girl I wager you “” yeah her family relocated they offered their residence.”” It'' s unpleasant it ' s not worth it and as pleasant'.' as those Reese ' s ' peanut butter cups were it was not worth the regret I had a whole lot of.
individuals will turn themselves in.Cause they are
living with the regret ok I.
won'' t ask you to increase your hands but let me ask you an inquiry, ok? Have you guys if you ' ve ever before been in a Best. Get and you see a CD of the new band that you like and you take that CD and you place.
it in the rear of your shirt and you just leave and you take it from the business.
you'' ve ever done that? I would wager of the twelve of you below that.
possibly no one has actually done that maybe one at the most.I would certainly claim would you agree that the bulk.
people probably have actually refrained from doing that. Ok now allow me ask you one more question and.
wear'' t elevate your hand. You ever illegally melted a CD for a pal.
or accepted one? Well what'' s the distinction your taking songs.
in both instances what'' s the distinction? “” There'' s” none” one method there your most likely.
not going to get caught the opportunities of you obtaining captured for a friend is following to zero. Yet there are policy and procedures to avoid.
you from leaving the door with a CD taken from best buy am I right? Right here'' s what you have to comprehend a lot of.
If there would certainly have been some policies and procedures in, these would certainly not do the crime.
place.I think that with disloyalty also. I believe that I place in these I can get rid of.
a great deal of it can I eliminate all of it? No however I can remove a great deal of it. Ok and I have people in my class have actually stated.
I have actually cheated in other courses yet I put on'' t cheat in your class. For a selection of reasons several of it is I know.
just how you feel regarding it and I understand you would certainly be really dissatisfied in me. Among my favorite trainees of all time I.
caught dishonesty once I was so disappointed and I believe the appearance of disappointment that.
I gave this guy and he was penalized but I assume the look of dissatisfaction reason we.
had an excellent partnership I believe it actually troubled him I wish it did.
“” I would say that the appearance of dissatisfaction.
is that like teachers or parents provide you is occasionally even worse than a real punishment.
like your parents like I'' m dissatisfied in you it'' s like argh.”” And relying on your partnership right here'' s. what you never intend to obtain to Kara you never intend to specify where conscious is. so set that it doesn'' t bother you, because allow me tell you those individuals are not individuals.
you wish to obey or wed or I suggest you wear'' t want these people in your life. They ' re called psychos? With a hard aware and I constantly test.
my trainees you have to make choices in your life now as much as what you'' re going. to do what ' s ok to do and what'' s not ok yet mother and father aren'' t around as high as they. are best? However I think I constantly think this however possibly.
this is sort of poly-n-esque but at the end of my life when I'' m ninety I don ' t desire to. look back at my life and see a whole number of lying, disloyalty, and stealing.I simply put on'' t desire that ok. Anyone right here have kids? You have children? Sarah exactly how old are your kids? “” my little girl is two”” ok you have a 2 year.
old child allow me ask you this what do you long for her which of these circumstances would certainly.
you instead select? That she is a truthful remarkable person her.
Whole life deals with people with respect with honesty and stability she is never rich.
she stays in a cottage and that'' s her life, or that she is exceptionally abundant very.
powerful however she'' s understood as a cheat a swipe, rips off on'her spouse you don ' t want the last.
you wish to former.Well why should you want also much less for yourselves.
than you for your own youngster'' s right? You have to make choices all the time.
in life I just think this is a remarkable area of accounting ok. One of the points you constantly discover when.
people swipe from a business is that there is no policies and treatments in position there.
was a possibility to swipe. The various other thing that you discover there is 3.
points that you find there'' s a possibility to take'there ' s economic trouble there ' s. usually something financially difficult in their life like wagering financial debt or bank card.
financial debt out of hand or partner who simply shed their work or and there is additionally a third point.
is justification this woman didn'' t steal all that cash at as soon as she took a little.
little bit and she claimed ill settle it back will then she justified well I'' m not being paid enough.
or my manager is a jerk you understand we are great at rationalizing profane away right? You have to be very careful of those type of.
things.Here ' s why this phase is so vital a.
whole lot of you a lot of you will not be accounting professionals in life several of you might but the majority of you.
won'' t yet a great deal of you will certainly own or co possess a company and you need to keep in mind what I.
am informing you or you will obtain taken from you will certainly obtain stolen from.Ok I ' m just guaranteeing you I have seen to lots of. cases on a personal basis so have these things and plans in area now let'' s look.
at a few of these what are several of the principles of interior control? You require to establish duty that is.
in fee of what? Currently I recognize the very best method to obtain nothing done.
with my 2 boys at home is to say. I leave for a night and I say hey when.
I obtain home somebody requires leading vacuum cleaner this carpet and the various other individual requires to transform the.
kitty can. I'' ll come home and absolutely nothing will be done.
if I state you are in cost of cleansing the can and the various other son you remain in.
At the financial institution you are in charge of this is your. We establish responsibilities when keep.
appropriate documents now regardless if you'' re a topsy-turvy individual you need to maintain.
adequate documents for your service. When I go right into a firm and I see a settlement.
and I claim show me this source records for this repayment and I wish to see the authorizations.
that were made and sign off and the invoice copy and the obtaining report.All that kind of things that verifies that.
that payment was made you'' ve reached have that stuff a great deal of these points you have to have.
if the IRS is available in right you'' ve reached preserve ample documents ok? One more point is you need to guarantee your properties.
and bond vital employees now many of us recognize guaranteeing possessions is right? You most likely drove a car to college today that.
What is a bonding of a staff member do you recognize? No not that although that would certainly be nice bonding.
with a worker is kind of like taking an insurance plan out on an individual.Like let ' s say that Sarah is a key employee. allows claim I ' m a smaller sized firm and she does a lot with guides and things and I try to.
separate up obligations however there'' s a limit to just how much I can do it. Well let'' s claim she ' s not bonded let me tell. you a common situation let'' s say I find out that she stolen fifty thousand dollars from.
the business. Therefore I state Sarah can you enter my office.
for a minute therefore she can be found in and I provide her with this and she understands she is caught.
and she sobs and after that the rips start streaming and it'' s like I ' m sorry however I
have a 2 year. old daughter and I have an other half that runs out job now and you recognize I obtained some.
financial debt and my daddy is you recognize all these excuses.When I claim well
where is the cash now? It ' s all gone it ' s all gone? It ' s not like she has a large money bag in the house. With it she can repay? It
' s gone do you know a great deal of times what. I would carry out in this kind of circumstance as
an owner do you a whole lot of times what happens? Absolutely nothing I may inform her she needs to give up and. she ' s gone a whole lot of times charges are not also pushed I put on ' t even press charges why? Why would certainly I not'press fees on an individual. who stole fifty thousand dollars from me? “it
sets you back cash” it set you back more money to press. fees “what did you say Kara here ' s the various other point I ' m not obtaining the cash back I ' m going. to spend even more'money. What ' s the other thing? I ' m going to be humiliated my various other organization'. owners it ' s mosting likely to be in the paper that I was swiped from I was a bonehead what ' s the. factor there? I ' m not going to get any one of this cash so. I offer you a slap on the hand and I say ugh.But you understand the various other thing maybe me and. your partner play racket round each week possibly we are good friends and possibly I genuinely simulate. you and feel negative for you. If I would bond you as a staff member that, well. implies that I would obtain an insurance coverage plan on you and I would pay instant cash and if. you took from the firm allows say I might show you swiped fifty thousand perhaps I could. recovered forty two of that.Recoup forty 2 thousand and after that do you. think and afterwards who supervises of choosing if they ' re going to press costs? The bonding business and exactly how do you think your. depressing story if mosting likely to play with them? It ' s not a lot is it? Do you comprehend what I am saying so I redeem. a few of my losses yet you additionally understand if I obtain caught I can be in actual significant trouble and.
You see what I'am seeing so not only am I. supporting bonding key employees yet I ' ll allowed them understand they are adhered? I will say I'' m sorry yet it ' s not my choice I will certainly see you in prison.
“Do any organizations do that?” um smart ones do “like is it extra for larger. firms?”” yeah you recognize business who are wise and. have like casinos and financial institutions that are exposed. There ' s a whole lot of foolish organizations out. there. You can review in there paper concerning the ones. that are getting duped.
And they all were silly, why? We wear ' t demand because we ' re such a household. Because she ' s like a mom to me, to stress concerning her.
I imply it ' s the very same tale over and over again.You recognize it'' s interesting, in my own
individual. experience I ' ve encountered maybe, either
directly or indirectly, come across around 15. to 20 cases of somebody stealing from their company.
Yours is one to, isn ' t it? “Yup, there ' s a female” “A lot of individuals that.
Ladies are a little bit much more wicked then-nah I ' m. just joking. Below ' s what this informs you, is generally. Oh, she ' s so wonderful, she ' s so wonderful.
she doesn'' t desire anyone to inspect her job. That ' s why some business ' s mandate you take. a trip, and some say you need to at'least spend a week away from this firm.
Due to the fact that after that you ' re like, ooh I wear ' t someone. to be going with'my things. Ok, you'desire to separate recordkeeping from. guardianship of possessions. I ' ll wager you a hundred bucks, Anna, that. this person that you ' re speaking about, she had custody of properties and she likewise had. recordkeeping of assets.She could write sign in the checkbook, she.
might distribute cash, and she likewise might make journal entries in concerns to cash.
I bet you, I wager you, I bet you that was the. If somebody is in charge of the storage facility.
in that warehouse. Poor idea, ok. The majority of the times when there ' s burglary, this. is the scenario. Someone supervises of the possession itself. and also the journal entries for that
possession. They can take and make a journal access
,. ? Yet if I ' m accountable of the asset and you ' re.
accountable of the recordkeeping, you ' ve obtained a little'defense there, right? Currently it ' s extremely hard if you and I determine we ' re. going to take from the business. “That ' s what I was going to claim, interacting.
“” And here ' s the reason. Have you ever came across firms that claim,'. we ' re not mosting likely to employ your relative, we'' re not mosting likely to employ your partner or. girlfriend.That'' s due to the fact that they put on ' t wish to make themselves-.
they wear'' t desire to boost the opportunity that you'' re going to do that. , if I employ a bunch of sisters or brothers to.
.
job with each other, the chance of them collaborating and stealing is a great deal even more than if it'' s complete strangers. That'' s why when I do a seating arrangement.
I try to put you by someone you put on'' t understand? If that person will certainly turn you, you don ' t understand.
in or not.
“” In the grocery store I worked at, my mama.
Worked there part-time and she was a cashier, and she couldn'' t ring me up because. Ok? In other words, if we get a lot of checks.
I may claim, you open the mail, I desire you to copy the checks, uh Anna you prepare.
the down payment slip, and Marlin you take the deposit to the bank.So, I spread it across 4 individuals, right? If you desire to steal, you understand, if I match.
your develop, it'' s not mosting likely to match. So a lot of the times that will assist. Ok, so you split responsibility for relevant.
transactions. Apply technical controls. Currently, the earliest technological control is the.
cash money register. Do you ever go acquire Taco Bell, or do you ever before.
go buy a sandwich at a little sandwich store and it says, If we do not give you your receipt.
you dish is complimentary? That'' s because they want that purchase.
in the sales register. I make use of to operate at a Pizza Hut, and the method.
my boss would steal from the firm, we found out is, individuals would certainly turn up or somebody would certainly.
can be found in and he would take their order for their pizza, he would never enter it right into.
the system.He ' d make their pizza, supply it out to their. table, and after that he would certainly bank on the reality that people were going to pay him, in cash money. And sometimes he ' d try to obtain them'to pay.
at the table and he goes I'' ll simply bring you your adjustment. And he'' d take it out of his very own pocket. Or if they came to the cash register he'' d. go, the money register is down right currently I'' m mosting likely to need to ring you up in the back one. They don'' t treatment. He was stealing from'the business.
To ensure that ' s why a lot of these locations state, if.
we wear ' t offer you a receipt your dish ' s on us.They '
re bringing you into their interior control.
structure. Or do you ever before most likely to Taco Bell, you buy a. couple chalupas and a diet plan coke and it claims, you owe 4 dollars and 12 cents if you are.
They'' re bringing you in. That'' s a way of doing technology, using innovation. You want to execute independent.
Do you assume this girl'' s work was ever being. She'' s such a dear woman. If you work at a Financial institution, no matter who you.
are, from time to time they will come count your money cabinet, they will certainly examine your job. You need to evaluate the job of others. Is that? You require to evaluate the job of others. Ok? These are very crucial points that I'' m informing.
you individuals. It'' s among these things that if you remember. absolutely nothing else concerning this course, if you remember absolutely nothing else concerning this class, remember this,.
that I respected every one of you and I want what'' s best for you.But, if you keep in mind 2 things remember that.
Or your going to get stolen from. One last thing I'' ll close with and then I'' ll. I ' m kind of, my life is an auditor in these.
type of things,. My spouse will make fun of me because we'' ll go. to a restaurant and I'' ll constantly state, here'' s exactly how you can swipe from this company.She might do that, he can do that, you could.
steal, they can'' t catch you. And she goes like, you'' re like lunatic. The method my, the way my brain goes is I always.
And that'' s the means you obtained to believe to. I'' ll go right into an organization and I'' ll think. And here'' s what I located, if someone can
be.
have there'' s always a ways around it”” There is, nevertheless once again this circumstance right below.
Marlin, if they would have had policies and treatments in place, they would not have actually lost.
that money. You'' re never going to remove whatever,.
however you can lower it rather a bit.Instead of shedding
500 thousand dollars possibly. you shed 15 or 20.
Ok? Ok, I desire you to do work out 8.1 and workout.
Workout 8.1 and workout 8.2 for research. Alright, see you guys.