| In some instances the company's management is to | | | | fraudster has made his/her kill and has been replaced. |
| blame when it comes to fraud cases. As much as the | | | | The current accountants could also take advantage |
| management takes decisive steps to prevent fraud, | | | | to commit fraud and blame it on the previous ones. |
| they are the ones that propel their juniors to commit | | | | The business management team should therefore |
| these acts. This they do unawares by not considering | | | | ensure accountability of all accounting staff by |
| that the people they are managing are also human. In | | | | avoiding a high turnover of key accounting personnel. |
| this article I will dwell on how to manage the | | | | At any one time the accounting staff should not be |
| accounting department for here is where fraud | | | | short-staffed, this helps to avoid collusion. Few |
| instigates. | | | | accountants may easily conspire and agree in unison |
| One area that the management should avoid is | | | | to defraud the company in secret. They may also |
| exerting pressure on accounting staff to complete | | | | chart to commit fraud due to pressure of work as |
| their work in unusually short periods of time in the | | | | their numbers are few. |
| name of controlling fraud. Putting pressure on | | | | The accounting office plays a major role in ensuring a |
| accounting staff to take a short time to perform | | | | sound financial management. The accounting staff |
| their duties will simply lead to manipulation of data | | | | ought therefore to be given good salary packages |
| entries, with the fraudsters alluding to mistakes due | | | | and incentives to motivate them. This will go a long |
| to hurried calculations and recordings. | | | | way to satisfy their financial needs and hence |
| Since fraud usually gets discovered way after the | | | | prevent fraud. |