{"id":18644,"date":"2019-03-11T14:05:12","date_gmt":"2019-03-11T19:05:12","guid":{"rendered":"http:\/\/www.sequenceinc.com\/fraudfiles\/?p=18644"},"modified":"2019-03-11T14:05:12","modified_gmt":"2019-03-11T19:05:12","slug":"fraud-is-just-part-of-a-controllers-job","status":"publish","type":"post","link":"https:\/\/www.sequenceinc.com\/fraudfiles\/fraud-is-just-part-of-a-controllers-job\/","title":{"rendered":"Fraud is Just Part of a Controller&#8217;s Job"},"content":{"rendered":"<p>Can you believe people actually admit to this stuff? <a href=\"https:\/\/floqast.com\/wp-content\/uploads\/2019\/02\/FloQast_ControllerSurvey_Report-Feb-8.pdf\">A survey of accounting controllers done by FloQast<\/a> found that lots of controllers think fraud is a routine part of their jobs.<\/p>\n<p>There are some awfully interesting results. 69% of the participants said their job is that of a risk manager who oversees internal controls. (For those who don&#8217;t know, internal controls are the policies and procedures that ensure the numbers are recorded accurately and that prevent fraud.)<\/p>\n<p>64% say they&#8217;ve experienced pressure to cook the books. That&#8217;s not necessarily surprising. Results are everything in many companies, and I can easily envision executives asking how the numbers can be prettied up.<!--more--><\/p>\n<p>And 10% of the participants report that it is a routine part of their job to lie about the numbers.<\/p>\n<p><a href=\"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-content\/uploads\/2019\/03\/controllers-fraud.jpg\"><img decoding=\"async\" class=\"lazyload aligncenter wp-image-18645 size-large\" src=\"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-content\/uploads\/2019\/03\/controllers-fraud-1024x316.jpg\" data-orig-src=\"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-content\/uploads\/2019\/03\/controllers-fraud-1024x316.jpg\" alt=\"\" width=\"960\" height=\"296\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27960%27%20height%3D%27296%27%20viewBox%3D%270%200%20960%20296%27%3E%3Crect%20width%3D%27960%27%20height%3D%27296%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-content\/uploads\/2019\/03\/controllers-fraud-300x93.jpg 300w, https:\/\/www.sequenceinc.com\/fraudfiles\/wp-content\/uploads\/2019\/03\/controllers-fraud-768x237.jpg 768w, https:\/\/www.sequenceinc.com\/fraudfiles\/wp-content\/uploads\/2019\/03\/controllers-fraud-1024x316.jpg 1024w, https:\/\/www.sequenceinc.com\/fraudfiles\/wp-content\/uploads\/2019\/03\/controllers-fraud.jpg 1751w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/a><\/p>\n<p>Oh sure, the question was asked in a less menacing way. But the implication is the same. Whether you call it &#8220;being less accurate&#8221; or lying about the numbers, it&#8217;s the same thing.<\/p>\n<p>Forensic accountants will forever have a place in the business world!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Can you believe people actually admit to this stuff? A survey of accounting controllers done by FloQast found that lots of controllers think fraud is a routine part of their jobs. There are some awfully interesting results. 69% of the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1659],"tags":[],"class_list":["post-18644","post","type-post","status-publish","format-standard","hentry","category-internal-investigations"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p6Z0e-4QI","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/18644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/comments?post=18644"}],"version-history":[{"count":0,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/18644\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/media?parent=18644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/categories?post=18644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/tags?post=18644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}