Originally posted by MitchMan
One of the easiest things to do, believe it or not, is to keep track of money. All you have to do is have proven internal controls and procedures that
are monitored properly. Nothing new, just accounting controls established by centuries of practice.
When money gets "lost" or stolen, that is because there wasn't internal controls and there wasn't responsible management. It is a systemic thing.
The "how" to safeguard money is a known thing...around the world. Theft and loss only happens when the responsible people aren't doing their job.
Or, the thief IS the person responsible for oversight and management, and, in that case, the organization (Loreto, in this case) should have had
policies and procedures in place with separation of duties and crossing oversight and regular reporting that should have prevented this theft by that
creep.
I am really curious as to how that guy managed to steal the money. Something must have been really lax in that town.
FWIW, the only interactions I have had with the Loreto municipality is in paying my property taxes and having to correspond with those people. So
far, their lack of professional care, lack of sufficiently skilled staff people, and sometimes illogical procedures do not impress. I wonder if that
provides some insight into their problem with handling money? I must say that the people are friendly, polite and nice, just doesn't appear that they
are good at what they do. |
