Payroll Fraud Payroll fraud occurs nearly twice as often in small organizations with less than 100 employees than in large companies. The average instance of payroll fraud lasts about 30 months. This occurs because many business owners do not take time to review the payroll ledgers. All to often the person entering in the new hires… Read More »
Tag: Fraud prevention
Is Your Employee Lapping The Receivables?
What is Lapping? Lapping is an asset misappropriations fraud scheme and is one of the most common methods of concealing receivables skimming. Lapping is the fraudster’s version of “robbing Peter to pay Paul”. It is the extraction of money from one account to cover shortages in another account. For example, customer A’s payment comes in and… Read More »
Assumptive vs. Behavioral Based Interviewing
Are You Hiring Ethical Employees? When discussing interview techniques I often get asked, what’s the difference between assumptive and behavioral interviewing. Most interviewers use the behavioral based interview style. When looking to assess a persons integrity, their background and overall character, I recommend using more of an assumptive based interview approach to get closer to… Read More »