Explore BrainMass

Explore BrainMass

    Employee Embezzlement

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    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.


    © BrainMass Inc. brainmass.com June 3, 2020, 9:13 pm ad1c9bdddf


    Solution Preview

    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 ...

    Solution Summary

    This answer provides you an excellent discussion on Employee Embezzlement.