Last month, two employees were terminated for submitting fraudulent timesheets which were approved and paid through...

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Accounting

Last month, two employees were terminated for submittingfraudulent timesheets which were approved and paid through theaccounting system. The leadership team expressed concern that thispractice could be widespread. As a financial accounting manager atWaterbag Inc., you were assigned to a project to identify solutionsto prevent recurrences.
Using the terms accounts payable fraud cases or payrollfraud cases, find a recent example or examples of casesinvolving accounts payable or payroll. Based on your research, whatrecommendations would you share with the leadership team to improveboth departments? Explain your answer.
Make sure you select a different case from your classmates.

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Given Information Two employees were terminated for submitting fraudulent timesheets which were approved and paid through the accounting systemleadership team expressed concern that this practice could be widespread Financial accounting manager at Waterbag Incect Answer Forestall time sheet Fraud The Financial Accounting supervisor ought to prescribe a period administration framework which will be incorporated with a Human Capital Management framework HCM They ought to introduce biometric participation framework to record the participation of the workers The workers will utilize either unique mark participation or iris scanner I prescribe having the unique mark participation framework as the iris scanner is similarly costly Further the human capital administration framework will be outfitted with a period card for every representative There might be representatives who work in various moves and in See Answer

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