FRAUD AREA: Misappropriation through Fictitious Expense Reimbursements Schemes.
CONTROL OBJECTIVE: 1 To ensure that reimbursement are made against actual expenses incurred by the employee for the purpose of business of the organization.
FRAUD RISK: Employees submits bogus and fictitious support documents against claims which were not incurred in actual. 'Employee does this by using sophisticated techniques, computer software, cut and paste from different billings etc.
Login to your subscription to download this anti-fraud template.
All materials contained on this site are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published, broadcast, performed nor used to prepare derivative works, without the prior written permission of AuditNet®. You may not alter or remove any trademark, copyright, logo or other notice from copies of the content. For further information, see section 1 of the Terms and Conditions and section 2 of the Subscriber Access Agreement.