BA 3340 Lecture Notes - Lecture 99: Phishing, Joel Barlow, Big Data
Document Summary
Employee fraud examples, travel and entertainment expense reports. A variety of schemes, ranging from common varieties such as personal expenses mischaracterised as business expenses, to fictitious receipts and outright collusion between managers and employees: airline schemes. When an employee books an expensive refundable ticket along with a cheaper ticket. The employee uses the cheaper ticket for the actual flight, but cancels the refundable ticket. Then he or she submits the more expensive ticket for reimbursement: hotel scams. Some employees will scan in a hotel invoice and then change the amounts on the bill before submitting it for reimbursement. Another scheme involves getting some extra letterhead paper from the hotel and typing up a phony bill on it. Yet another scam is to change the amounts on e-mailed confirmations from companies like expedia and. It is the accountant"s job to keep a watchful eye and magnifying glass on the financial activities their firm or department is tracking and auditing.
