Nottingham & Sutton-in-Ashfield: 0115 940 2015 - Email enquiries@rumsby.com

Most common fraud risk factors

Eleven of the most common fraud risk factors for your business.

At DK Rumsby we can provide businesses in the Nottingham area with support and advice in many important areas. Here are some of employee fraud warning signs to look out for.

Beware of the most common fraud risk factors for your business. These might include:

  1. Large amounts of cash in hand
  2. Small inventory with a high cash value
  3. Easily convertible assets (eg. tools, vehicles)
  4. Lack of separation of employee duties
  5. Employee awareness of future redundancies
  6. Disgruntled employees with access to significant assets
  7. Poor physical safeguards over cash and other assets
  8. Untimely and poorly organised documentation for transactions
  9. Lack of mandatory holiday for employees performing key control functions
  10. Missing or unexplained documents
  11. Inappropriate supervision - such as remote locations.

If you are looking for professional assistance from a team of accountants and business advisers in the Nottingham area, contact DK Rumsby.

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Registered in England & Wales Company No. 3941558
Registered Address: Sutton-in-Ashfield
VAT Registration No. 118 7566 46

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Nottingham & Sutton-in-Ashfield - 0115 940 2015

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Nottingham Office
3 Colwick Quays Business Park, Colwick, Nottingham, Colwick, Nottingham NG4 2JY

Sutton-in-Ashfield Office
66 Outram Street, Sutton-in-Ashfield, Nottinghamshire NG17 4FS