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Good old Donald knows air conditioning but really, hes not much of a business person. Youve explained to him why he needs internal controls, now
Good old Donald knows air conditioning but really, hes not much of a business person. Youve explained to him why he needs internal controls, now hes wondering about protecting his new business from fraudsters. Please explain to him who he should watch out for as potential fraudsters. Your answer should include an example of how each potential risk group might try to defraud an organization. Lastly, your answer should discuss a means that fraudsters might use to defeat internal controls over incompatible duties or tasks.
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