Lapping Scheme: How to Detect and Prevent
A lapping scheme is a fraudulent practice that involves an employee altering accounts receivables to hide stolen cash. It can be detected by tracing how cash receipts have been applied, and one indicator is an employee who refuses to take earned vacation time. A rise in the aging of accounts receivable can also signal a lapping scheme. A company can prevent this fraud by taking simple steps to reduce the opportunity for fraudulent activities.
bb4c
Watch video Lapping Scheme: How to Detect and Prevent online without registration, duration hours minute second in high quality. This video was added by user Simple Explain 07 May 2024, don't forget to share it with your friends and acquaintances, it has been viewed on our site 114 once and liked it 1 people.