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One important one is loss prevention. An auditor will have a company change the way they do things if their is a potential for embezzlement. For example our auditor ask that we have the person opening the mail stamp the endorsements on checks before giving them to the bookkeeper. All companies should have a different person writing checks than doing bank reconciliations.

2007-07-17 02:53:30 · answer #1 · answered by shipwreck 7 · 0 0

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