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Finance and Accounting PolicyPro

By Colin Braithwaite | < 1 Minutes Read April 13, 2010

Employee expense fraud

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."

Article by Colin Braithwaite / Finance and Accounting / corporate theft, employee expenses, employee fraud, employee relations, employee theft, expense controls, FAPP, Finance and Accounting PolicyPro, Grant Thornton, policies and procedures, workplace policies

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