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Following is an excerpt from the chat ...
As your business grows and you have more than just a bookkeeper for staff, you may need to restructure your internal controls.
Your most vulnerable areas are those where unauthorized purchases and payments can happen which are:
I briefly chat about fraud detection for small business accounting in The Monthly Management Review article along with some tips in Creating an Audit Trail and Why Account Reconciliations are Necessary.
To reduce the probability of fraud, a basic internal control technique is to ensure there is a segregation of duties. So if you have a bookkeeper, consider this listing of how to segregate duties. It was suggested by Bruce Director, CPA for SCORE NYC at a seminar at the New York Public Library.