Fighting Fraud: The Simple Guide to Preventing "Padded" Expense Reports
Some people call it “padding the expense report.” It’s just a few dollars here and there. Who’s it going to hurt? The big corporations won’t really miss it and small businesses won’t even notice, right? In reality, expense fraud costs a median loss of $33,000 in each instance, according to Association of Certified Fraud Examiners (ACFE). Despite the nonchalant attitude of many employees, expense fraud is a crime that affects organizations large and small.