Kay Lemon, a seemingly prim-and-proper grandmother, stole $416,000 from a small Nebraska lighting store where she had been employed for 20 years as a bookkeeper. Lemon spent three years in the Nebraska Women’s Correctional Institute after confessing that she’d been "cooking the books" for eight years and had blown all the loot on herself and her family. Lemon’s crime is typical of the risk to small business: The lighting store’s CPA prepared only the company’s tax returns, so the business was not audited. Lemon also acted as the store’s “accounting department.” She made deposits, signed checks, and reconciled monthly the store’s bank account. Although any entry-level accountant could recognize this situation as an accident waiting to happen, the store’s owner did not. For years, she systematically stole money from the lighting store using the same method. She would make out a company check to herself (in her own true name), sign it and deposit the proceeds in her personal checking account. How was Kay able to cover up her fraud for so long? What controls should the company put in place in order to prevent future fraud? Be sure to discuss "separation of duties".