Recent findings on fraud have given TS some sleepless nights. The incidence of fraud, coupled with the recent findings of the TUC that we’re all working far too many hours, has led to us making a worrying conclusion.
In spotting financial crime, there are tell-tale signs such as inventory shortages, adjustments to accounts receivable or payable and large payments to individuals.
But ranking high among a list of 20 ways to detect dirty deeds is employee overtime. Yes, your apparently honest employees may well be ripping you off when they’re burning the midnight oil.
However, the TUC has also condemned this country’s working culture finding excessive long hours to be very common among employees … Could it be that the entire UK is turning into a workforce of fraudsters?
One thing’s for sure. TS will be going home early tonight.
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