We are starting to get a lot of access to client bank accounts in order to download bank transactions and as we hire more I can't keep handle on all this.
I was curious how other firms are handling the potential that staff may create dummy vendors or figure out a way to steal. We do background checks and hire great staff, but you never know. I am looking into EE Theft Client Crime Coverage.
I would love to put in engagement that the client is responsible for this bonding but probably not going to happen.
Any thoughts would be greatly appreciated.
Thanks so much!