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  • Professional Practice 19SW34

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    Amber Mughal
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    This document discusses professional ethics and employee theft. It defines employee theft as stealing or misusing an employer's assets without permission, including data theft. The U.S. Chamber of Commerce estimates that 75% of employees steal at least once, with half stealing repeatedly. One in three business failures is directly due to employee theft. The document provides tips for preventing employee theft, such as supervising employees closely, using purchase orders, controlling cash receipts, and installing computer security measures.

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    ETHICS

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    PROFESSIONAL PRACTICE 19SW34

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    This document discusses professional ethics and employee theft. It defines employee theft as stealing or misusing an employer's assets without permission, including data theft. The U.S. Chamber of Commerce estimates that 75% of employees steal at least once, with half stealing repeatedly. One in three business failures is directly due to employee theft. The document provides tips for preventing employee theft, such as supervising employees closely, using purchase orders, controlling cash receipts, and installing computer security measures.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    12 views11 pages

    Professional Practice 19SW34

    Uploaded by

    Amber Mughal
    This document discusses professional ethics and employee theft. It defines employee theft as stealing or misusing an employer's assets without permission, including data theft. The U.S. Chamber of Commerce estimates that 75% of employees steal at least once, with half stealing repeatedly. One in three business failures is directly due to employee theft. The document provides tips for preventing employee theft, such as supervising employees closely, using purchase orders, controlling cash receipts, and installing computer security measures.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    of 11

    PROFESSIONAL PRACTICE

    19SW34
    Malika Rao
    PROFESSIONAL ETHICS
    Professional ethics are principles that governs the behaviour of a person or group in a
    business environment. Like values, professional ethics provide rules on how a person should
    act towards other people and institutions in such an environment.
    EMPLOYEE THEFT
    Employee Theft
    Employee theft is defined as any stealing, use or misuse
    of an employer’s assets without permission. A crime that
    is becoming more common is data theft or theft of
    intellectual property.
    HOW COMMON
    EMPLOYEE THEFT
    IS?
    The U.S Chamber of
    Commerce estimates that
    75% of all employees steal
    at least once and half of
    these steal repeatedly. The
    Chamber also reports that
    one of every three business
    failures is the direct result
    of employee theft
    Sorting out the problem!

    Gather all the evidence against him.

    And give that evidence to the boss.


    IN SUMMARY
     When I gave all the evidence to the boss, the boss himself
    did a little research about it and came to the conclusion
    that

     He will first ask the employee when he refuses, the boss


    will fire him.
    HOW TO PREVENT EMPLOYEE
    THEFT!
     Know your employees. Be alert to key indicators of potential theft such as: ...
     Supervise employees closely. ...
     Use purchase orders. ...
     Control cash receipts. ...
     Use informal audits. ...
     Install computer security measures. ...
     Track your business checks. ...
     Manage inventory and use security systems.
    THANK YOU

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