Bookkeepers - Protect Yourself!

As a bookkeeper you hold a position of trust.Do not enter into any agreements that place you in a
However how do you protect yourself from beingposition where you are personally responsible for
accused and perhaps being sued? First and foremostmeeting any of the agreement's obligations, such as
do not accept the responsibility of signature rights oncredit card or vendor contracts.
checks of any type. If you cannot sign checks, thenDocument any and all company requests for any task
you cannot be held responsible for fraudulent use ofthat might put you at risk, and if you determine any
funds through the checking or savings accounts.request is illegal or unethical, then refuse to go forward
If your job includes the handling of cash, then ask for aat all costs.
receipt of the cash put into your trust. The receiptDocument in writing any recommendations or
should document the date the cash was given to you,suggestions you make to remedy problems to be
the person who gave it to you and the amount thatfixed.
was given to you and the directive as to what was toDo not share any company information with any one.
be done with the cash. This receipt should be signedNot your spouse, your friend, a co-worker or even a
by both parties, the giver and the receiver.trusted family member of the company's owner. If
Do not sign any documents especially any tax returnsasked, then politely explain that they will have to ask
including payroll tax returns. This is the solethe owner for the information needed.
responsibility of the owner or a corporate officer. ByShred all financial documents that are being discarded.
signing these returns you leave yourself open to theThese few simple steps will protect the company,
jeopardy of unpaid taxes, penalties and interest.your boss and ultimately, yourself.