Honest, hard-working and dedicated ... well maybe.
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.
The numbers you crunch tell a story. Your expertis...
23yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleGlobal spend on accountancy outsourcing up by 40% in the space of five years. News comes as accountancy outsourcing specialist AdvanceTrack reports en...
View articleFollowing a profitability review, Deloitte has decided to scale back its UK deals business due to lower returns. This strategic shift could lead to jo...
View articleUK-based Dow Schofield Watts (DSW), a mid-market professional services network, announced the creation of a new division called DSW Principal Partners...
View articleEY has been undergoing significant cost-cutting measures and streamlining its operations since the abandonment of Project Everest. The firm has made t...
View articleTransitioning from an accounting firm to a consultancy model is only one part of the puzzle. The next, equally vital piece is making the market aware ...
View articleThis framework, while providing a top-line view, underscores the importance of strategic vision, operational excellence, and the spirit of continuous ...
View articleLooking ahead, the Big 4 firms face a challenging year, with ongoing cost-of-living concerns, slow economic growth, rising geopolitical tensions, and ...
View articleLast month it was reported that Deloitte would be cutting approximately 1,200 jobs in the United States, making it the latest of the Big Four accounti...
View article