Expense Fraud: Spot, Prevent, and Address Financial Misconduct
Expense fraud occurs when employees manipulate or falsify expense reports for personal gain. This unethical practice can result in significant financial losses for businesses. Expense fraud can take various forms, such as submitting fake receipts, inflating expenses, or claiming reimbursement for non-business-related costs. A study by the Association of Certified Fraud Examiners (ACFE) found that …
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