1. Ghost Employee Fraud
Aramis Properties could have detected both ghosts during this phase with relatively easy steps. ... Taking these steps after the fraud had been exposed would have proven the fact that the assistant was indeed bogus if Katie had not confessed. ... Due to the fact that Katie did not have access required to input the information herself, she had to falsify it and have it processed by the payroll staff. ... Adequate internal controls can go a long way in preventing payroll schemes and saving a company large sums of money....
- Word Count: 676
- Approx Pages: 3
- Has Bibliography