Job rotations and vacations continue to be effective internal controls. A September 30, 2020 article in the Scotsman newspaper (the Article) was a recent reminder of this fact. The article explains that embezzlements, which had gone on for more than eight years, began to unravel and were ultimately discovered after the embezzler’s manager announced plans to rotate staff to give them broader experiences.
More and more we’re seeing the modern workplace make the shift from a traditional, individualized office space design to something more open-concept and collaborative. Take a moment to Google a few innovative or up-and-coming companies in the communication or technology spheres. It’s very likely that one or more of these companies will offer a virtual tour of their office space for potential candidates, using words like “fun”, “innovative”, and “collaborative” to describe the working environment.
2012 is gone, and 2013 is well underway. Many people have made commitments to themselves to make a change for the better in their professional lives. It’s a new year, so why not start fresh right? People often feel as though the New Year brings a renewed sense of commitment and productivity at work.