Do your employees abuse you?
The majority of our businesses around the world are family-owned or private companies. Although there are professional managers in many companies that are in the stage of institutionalization, control is still in the family through the boards of directors.
Although most of the companies have an audit department, the audits are carried out in the form of subsequent control and reporting. Many of our companies do not pay enough attention to the risks of fraud and abuse arising from employees. Research shows that international companies lose 6-7% of their daily income through employee fraud.
Varieties:
– Employee Cheats,
– Administrator Cheats,
– Production and Supply Cheats,
– Customer Cheats,
– Active Fraud Review and Reporting
Standards and Partners subsequently conduct fraud audits using different audit techniques that are much different from auditing techniques and report any detected abuses.
However, this is a temporary workaround and Standards and Partners report on new system designs that will eliminate the factors that could lead to abuse in the actual operating system.sidir.