Article Link: http://timesofindia.indiatimes.com/a...campaign=cppst
Gist of the article:
HR Manager kept paying two employees who were never on the company's payroll. The fact that the fraud remained undetected for seven years shows the weak internal check arrangements of the company. If the accounts had been reconciled between the amount approved by the accounts manager and the amount finally paid, such issues would never have come up. I really cannot understand the laxity of the accounts department in this matter.
From India, Pune
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3180Gist of the article:
HR Manager kept paying two employees who were never on the company's payroll. The fact that the fraud remained undetected for seven years shows the weak internal check arrangements of the company. If the accounts had been reconciled between the amount approved by the accounts manager and the amount finally paid, such issues would never have come up. I really cannot understand the laxity of the accounts department in this matter.
From India, Pune
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