Finance and Accounting PolicyPro

Managing fraud risk

January 4, 2012 Adam Gorley Employee Relations, Human Resources

Reducing the risk of fraud from both external and internal sources is something that all businesses have to consider at some time, or continually, depending on the owner’s approach and taste for living on the edge. But seriously, fraud is a serious problem that can damage or even destroy a business, particularly small and medium ones, which can’t afford the potential losses.

anti-fraud controls, banking and treasury, embezzlement, employee fraud, employee theft, external fraud, FAPP, Finance and Accounting PolicyPro, fraud prevention, fraud risk, indemnification, internal fraud, Jeffrey Sherman, purchasing, record keeping, revenue, risk, risk management

First damage award in PIPEDA case

February 24, 2011 Adam Gorley Human Resources, Privacy and Security

Here’s something readers might want to know about: the Federal Court has awarded damages in a case based on the Personal Information Protection and Electronic Documents Act. Why is that special? Well, it’s the first damages award in the 10-year history of the Act.

damage award, document recording and retention obligations, document retention policies, employment law, FAPP, Federal Court, Finance and Accounting PolicyPro, Human Resources PolicyPro, information management, Information Technology PolicyPro, ITPP, maintaining accurate information, personal information, Personal Information Protection and Electronic Documents Act, PIPEDA, The Human Resources Advisor

Will poor management decisions mean the end for American Apparel?

October 25, 2010 Adam Gorley Employee Relations, Human Resources

You’ve probably heard of American Apparel, the Los Angeles-based clothing manufacturer and retailer that’s so popular with the kids these days, they of the semi-controversial billboard advertisements and almost-certainly-controversial CEO Dov Charney…

American Apparel, bankruptcy, business ethics, canadian employment law, clothing manufacturer and retailer, controversy, discrimination, employment law, FAPP, Finance and Accounting PolicyPro, governance, Jezebel, Made in USA, management, sweatshop

Employee expense fraud

April 13, 2010 Colin Braithwaite Employee Relations, Human Resources

Employee fraud is on the rise, as organizations cut back on staff, and their internal controls slacken as a result. However, the monetary loss is just the beginning of the problem. A recent white paper from Grant Thornton LLP notes that, “Failure to crack down on this unethical—and indeed criminal—behaviour blurs the line between right and wrong. It creates a culture of entitlement that can extend across the business. And it can open the door to more significant corporate theft.”

corporate theft, employee expenses, employee fraud, employee relations, employee theft, expense controls, FAPP, Finance and Accounting PolicyPro, Grant Thornton, policies and procedures, workplace policies