October 2013
Beginner
544 pages
20h 52m
English

EXHIBIT 8-1
After studying this chapter, you should be able to:
| 8-1 | Explain what constitutes a register disbursement scheme |
| 8-2 | Differentiate register disbursements from skimming and cash larceny schemes |
| 8-3 | List the two basic categories of register disbursements |
| 8-4 | Explain how false refund schemes are committed |
| 8-5 | Explain how false void schemes are committed |
| 8-6 | Understand how register disbursement schemes cause shrinkage |
| 8-7 | Discuss the methods by which fraudulent register disbursements are concealed |
| 8-8 | Understand the methods identified in this chapter for preventing and detecting register disbursement schemes |
| 8-9 | Be familiar with proactive audit tests that can be used to detect register disbursement schemes |
Following a demotion and consequent pay cut, Bob Walker silently vowed to even the score with his employer. In six months Walker racked up $10,000 in ill-gotten cash from his employer, who was caught completely off-guard, before someone blew the whistle.
The whistleblower was Emily Schlitz, who worked weekends as a backup bookkeeper at a unit of Thrifty PayLess, a chain of 1,000 discount drugstores crossing ten Western states.
One October, while reviewing her store's refund log, Schlitz noticed an unusually large number of protocol breaches by ...