AP audit reveals preschool volunteer treasurer’s embezzlement

The former volunteer treasurer of a Camarillo, California, preschool was recently arrested after an accounts payable audit turned up evidence of embezzlement.

Kathryn Rachel Gonzales volunteered as treasurer for the Pleasant Valley Cooperative Pre-School between June 2007 and June 2011. Her replacement noticed financial discrepancies in the school's books, which led to an internal AP audit. This revealed Gonzales had misappropriated approximately $50,000 of the school's funds.

A three-month investigation by Camarillo detectives culminated in the disgraced treasurer being arrested for grand theft by embezzlement, according to the Ventura County Star. She is currently being held at the Ventura County Jail pending bail payment.

Leveraging services such as Technology Insight's DataShark AP Accounts Payable Analysis offering can help companies keep tabs on financial dealings to ensure everything is above-board and staff members are complying with company policies and accounting laws. Conducting regular AP audits can identify instances of duplicate payments as well as cases of both accidental and deliberate misappropriation of funds.  

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