Business consultants Insperity offer six signs of expense account fraud:
- A big spender in the group
- Claims for non-business related items
- Inflating acceptable expenses
- Overcharging the company card
- Exceeding the limits for allowable expenses
These might look obvious, but look closer and you’ll find some good policy for businesses looking to clamp down on expense account fraud.
First Reference Internal Controls, Human Resources and Compliance Editor