Definition
The theft of cash after it has been recorded in the accounting system.
Context
Cash larceny is a form of asset misappropriation that occurs after cash has been recorded, distinguishing it from skimming. It is closely linked to weaknesses in internal controls, particularly in cash counts, reconciliations, and segregation of duties.
Meaning
Indicates control deficiencies in cash handling processes and is generally detectable through discrepancies in recorded and actual cash balances.
Example
Cash is stolen from the register after closing.
Sources
Suggested citation
wirtschaftsforensik.ch Editorial Team: "Cash Larceny", in: Glossary, wirtschaftsforensik.ch, https://wirtschaftsforensik.ch/glossar/cash-larceny/, accessed April 18, 2026.