Clubs

Good accounting systems keep the crims out

If clubs had half decent accounting systems in place I would not be so busy as a forensic auditor, and the insurance companies would not be forever processing claims! Unfortunately most of the accountants clubs engage are not specialists in club... Read more

Why clubs need system audits

  System audits are not done to get rid of managers or to catch them out on something. They are about working with the club manager and committee to prevent fraud and make it easy to identify when it does happen. System audits: • Make... Read more

Unders and overs

Each year I review the systems for a lot of clubs around New Zealand. It’s a privileged position because I get to see what really goes on behind the happy faces and jovial talk over the bar. Millions of dollars has been stolen from clubs. Most of... Read more

Pinching from the till

I would be a wealthy woman if I had a dollar for every person that blamed discrepancies between the cash takings and the till tape on “over-rings” (charging more on the till than the actual value of the sale). If an over-ring occurs always get... Read more

Food for thought

“We know from insurance claims that twice as much money is stolen from clubs by staff and committee members than is taken in armed holdups and burglaries… but you are not likely to read about it in the newspapers.” – Joanne Newman A... Read more

Cash a magnet

It was great to attend the Club’s Annual Conference in Rotorua. I enjoyed catching up with those I have visited in the past, and those who will be calling upon my services in the future. Unfortunately theft from clubs remains a significant... Read more

Wake up call

We love working for clubs. It’s a demanding role, and I have to say, is not something ordinary accountants do well. It requires specialist skills because not only are clubs required to keep accurate records, their insurance policies require them... Read more

Why people steal from clubs

Theft from clubs is a significant problem. Millions of dollars have been stolen from clubs. Today, somewhere, someone is stealing club funds. That somewhere could be your club. If your club does not have adequate controls and systems in place to... Read more