Everyone has heard a horror story of a trusted member of staff stealing from their employer. Perhaps they had personal issues and more often than not when someone steals it’s with the intention of paying it back. But when it’s not discovered straight away- the temptation is to do it again, and again.
How exposed is your business to fraud?
In the right (or in this case wrong) circumstances even the most loyal employee can do something stupid.
The key is having good governance, strong processes and a culture of compliance.
Just knowing the business is audited is a deterrent in itself.
Get your business an independent internal audit to:
Identify risks and suggest controls
Review financial processes
Complete an audit of transactions to ensure compliance
Can you really afford not to?
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