We have reached that time of year when we take a look back at the year in review.
For every classic payroll fraud, there is a classic internal control to prevent or mitigate the fraud. In the case discussed here, segregation of duties might have prevented the fraud or reduced the likelihood or severity of the fraud.
The end of the year means that we have reached the time when we like to look at the year in review. There is no shortage of topics under the banner of employment law, payroll, and internal controls to write about. However, on the First Reference Talks blog, we’ve been covering some of the hot topics under these banners throughout the year.