How to Detect Accounts Payable Fraud

Author: Mark | Subject: Account Fraud

How to Detect Accounts Payable Fraud image
Article excerpt:  Accounts payable fraud is one of the most dangerous thefts that can occur within any business as, ultimately, if it remains undetected for too long the financial consequences can potentially lead to the business being forced into liquidation and bankruptcy. Therefore it is imperative for an owner or manager in any business to know how to detect to enable them to understand how best prevent to prevent its occurrence. The following explanations are aimed at explaining some of the ways that accounts payable fraud can be committed, which is intended to provide managers with an idea as to what measure can be introduced to prevent it from happening.