Skimming and Cash Larceny
Sunder Gee · 2014
In this chapter we look at the differences and similarities of skimming and cash larceny. This type of fraud has fewer data analytical tests that can be performed as the fraud is not recorded in the business system's databases or it is well concealed. Less attention is paid to this area since the losses are generally not as significant as in other types of fraud. Various ways that skimming and larceny can take place are discussed. A short case study using two years of sample sales data highlights a possible data analytic test that uses charts and pivot tables to provide views for different analytical perspectives.