Some employees regard fiddling their expenses as a perk of the job, but a few discover it’s a dreadful mistake that leads to getting the sack. Although we expect every colleague to work with integrity and reward our trust, some “bad apples” use expenses regularly to take small amounts of money for themselves. This can quickly add up to a big problem.
Worldwide, it is estimated that 5 per cent of companies’ sales are lost to fraud, with expenses fiddles accounting for 15 per cent of that. The Association of Certified Fraud Examiners in the US (yes, there is one) says that for smaller businesses, that figure is nearer 21 per cent. Whichever way you look at it, the amount of money paid out for
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November 07, 2021 at 07:01AM
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