Maintain accurate records of all assets. Periodically reconcile the recorded amounts of company assets to physical counts of those assets Restrict access to assets. Restricting access to storage areas protects inventories and equipment. Cash registers, safes, lockboxes, and safety deposit boxes limit access to cash and paper assets. Over $1 million was embezzled from Perini Corp. because blank checks were kept in an unlocked storeroom. An employee made out checks to fictitious vendors, ran them through an unlocked check-signing machine, and cashed the checks
