Cash larceny involves the fraudulent stealing of an employer's cash. These schemes often target the company's bank deposits. The fraudster steals the money after the deposit has been prepared, but before the deposit is taken to the bank. Most often these schemes involve a deficiency in the internal control system where segregation of duties is not present. The perpetrator is often in charge of recording receipts, preparing the deposit, delivering the deposit to the bank, and verifying the receipted deposit slip. Without proper segregation of duties, the fraudster is able to cover up the theft.

In addition to segregation of duties, what internal control procedures might help deter and detect cash larceny?