Contents
Appendices · 7 min read
Sources and Key Terms
A glossary of the terms used throughout this guidebook.
01Terms you will encounter
- Skimming — theft of cash before it is recorded in the books.
- Lapping — using one customer's payment to conceal the theft of another's.
- Fictitious vendor — a vendor that exists only to receive fraudulent payments.
- Related party — a person or entity with a connection to an owner or employee that must be disclosed.
- Owner override — an owner's ability to bypass established controls.
- Segregation of duties — separating authorization, recording, and custody of assets.
- UCC-1 filing — a public notice of a security interest in business assets.
- Due from shareholder — a loan receivable representing cash taken out by an owner.
- Shrinkage — the difference between recorded inventory and the physical count.
- Out-of-band verification — confirming a request through a second, independent channel.
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Every chapter, worksheet, and checklist in one edition you can annotate.
Buy the guidebookMore in Appendices
Appendix A · Master Review Checklist
Every phase compressed into one checklist you can work through in order.
Appendix B · Transaction Review Worksheet
A one-page worksheet for examining a single suspicious transaction.
Appendix C · Records and Evidence Log
The chain-of-custody log that makes your evidence defensible.
Appendix D · Control and Adviser Worksheet
The controls to implement and the advisers to engage, in order.