Most common fraud risk factors

Eleven of the most common fraud risk factors for your business.

At John Harrison we can provide businesses in the Nottinghamshire area with support and advice in many important areas. Here are some of employee fraud warning signs to look out for.

Beware of the most common fraud risk factors for your business. These might include:

  1. Large amounts of cash in hand
  2. Small inventory with a high cash value
  3. Easily convertible assets (eg. tools, vehicles)
  4. Lack of separation of employee duties
  5. Employee awareness of future redundancies
  6. Disgruntled employees with access to significant assets
  7. Poor physical safeguards over cash and other assets
  8. Untimely and poorly organised documentation for transactions
  9. Lack of mandatory holiday for employees performing key control functions
  10. Missing or unexplained documents
  11. Inappropriate supervision - such as remote locations.

If you are looking for professional assistance from a team of accountants and business advisers in the Nottinghamshire area, contact John Harrison.

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Address: 78 Carlton Road, Worksop, Nottinghamshire S80 1PH .

Call us: 01909 472310

Send an email: john@johnharrison.co.uk

Company Information
John Harrison & Company is the trading name of John Harrison (Worksop) Limited,
Registered in England : Company Number : 03265305
78 Carlton Rd, Worksop, Nottinghamshire S80 1PH
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