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Case study Fraud at Splash Hong Kong Harry works at the customer service department of Splash Hong Kong, one of the most popular mobile phone
Case study Fraud at Splash Hong Kong Harry works at the customer service department of Splash Hong Kong, one of the most popular mobile phone brands in the world. He is responsible for creating sales order in the systems. His best friend, Richard has recently opened an electronics shop in Tsim Sha Tsui and asked him to supply him Splash products at a discounted price. In the beginning, Richard was able to pay on time but business suddenly turned bad and his payment slips over time. After 2 years of supplying the products, Richard went bankrupt and Splash suffered a loss of HK$3mn in bad debts. Identify and explain what systems controls are needed to prevent this happening
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