Student health services: a case of employee fraud

• Published in: Journal of accounting education Vol. 21; no. 1; pp. 61 - 73
• Main Authors: Peterson, Bonita K, Gibson, Thomas H
• Format: Journal Article
• Language: English
• Published: Harrisonburg Elsevier Ltd 01.01.2003; Elsevier BV
• Subjects: Asset misappropriation; Embezzlement; Fraud; Internal auditing; Internal controls; Red flags; Skimming scheme; United States > US; Fraud; Skimming scheme; Red flags; Asset misappropriation; Embezzlement

The indicators of employee fraud often are not recognized by auditors or their clients until after financial losses have been incurred. Employee fraud costs society hundreds of billions of dollars every year [The Association of Certified Fraud Examiners. (2002). Report to the nation on occupational...