As Dr. Alice Villlalobos' antidotes pointed out, opportunities for theft and embezzlement in veterinary practices abound. Every twelve months or so, a new article will appear in the veterinary literature divulging the huge losses some practices haveincurred and how it transpires. Letters to the editor in successive months validate the point. Substantial theft does occur in veterinary practices on a regular basis. How can you, as a veterinary practice owner/manager, mitigate losses? Before we discuss the specifics, you must first have an understanding of what accounting and internal control is and how it is so impacts the economic health of your practice.
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