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    Employee Embezzlement

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    Please can you provide me with some background information on the risks inherent in the transaction cycle.

    I just need to have some information so I can continue researching this topic.

    Attached is the case study.

    Thanks,

    © BrainMass Inc. brainmass.com June 3, 2020, 9:13 pm ad1c9bdddf
    https://brainmass.com/business/accounting/employee-embezzlement-via-cash-172012

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    The risks inherent to selected transaction cycles:

    - There is a risk that illegal and unethical activity may be carried on through this account if the board did not review the activities of the school bank account.
    - There is a risk that the business manager would misuse the funds in this ...

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    This answer provides you an excellent discussion on Employee Embezzlement.

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