Fraud: Check, Employee, and Vendor
Mary S. Schaeffer · 2012
Fraud is a fact of life for organizations of all sizes. Crooks have no conscience and know no boundaries. They will take from whoever they can. Therefore, howsoever small a company, the threat of fraud is lurking always there. This chapter discusses the three basic types of fraud and their all variations: (a) Check fraud (b) Employee fraud (3) Vendor fraud. The author details a systematic approach that organizations must take to ensure that the desktop applications are not and will not be a breeding ground for fraud. Each organization needs to weigh its risk tolerance against the potential exposure and loss and then come to its own decision. However, implementing even just a few of the steps will provide some level of control.