Administrative assistants can be in a position to commit fraud if the following elements occur:
1. The assistant has access to immediate funds such as a credit card for the organization
2. Authority to make external payment requests
3. Authority to issue internal payments
4. Authority to create open purchase orders to accounts payable
5. Ability to approve the assistant's own time claims (for compensation) (i.e. timecards)
1. The assistant has access to immediate funds such as a credit card for the organization
2. Authority to make external payment requests
3. Authority to issue internal payments
4. Authority to create open purchase orders to accounts payable
5. Ability to approve the assistant's own time claims (for compensation) (i.e. timecards)
NOTE: THE INFORMATION IN THIS BLOG IS NOT LEGAL ADVICE NOR
IS IT INTENDED TO BE LEGAL ADVICE. IF
THE READER HAS ANY LEGAL QUESTIONS, PLEASE REFER TO AN ATTORNEY.
Have a great and fraud-free day.
----------à>>>>>>>>>>>>>>>gene
tausk
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