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10 Tips to Avoid Accounts Payable and Purchasing-Related Fraud

from an article in The Professional Contractor

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Insights  <  10 Tips to Avoid Accounts Payable and Purchasing-Related Fraud

from an article in The Professional Contractor

There are numerous examples from all types of entities in which fraud related to accounts payable and purchasing has occurred, many times leaving business owners to wonder how something like this could have gone undetected. Mostly, the answer is that simple controls and reviews were not properly designed or were never put in place. Fraud–as simple as an employee writing him/herself or a spouse a check under a maiden name–often goes undetected for years and results in significant costs for companies.

See the full article in The Professional Contractor  >>

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