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What Is the Role of Internal Audit in Fraud Risk Management?
1reports1reporting sources2024-12-16Update
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Internal audit and automated tools can effectively identify and prevent travel and expense fraud, protecting corporate finances.
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12月16日
- SAP Concur BlogWhat Is the Role of Internal Audit in Fraud Risk Management?
An SAP Concur article explores the role of internal audit in fraud risk management, especially in travel and expense. A survey shows 65% of business travelers admitted to questionable expenses. The article lists common fraud types, such as mischaracterized, falsified, inflated, and multiple claims, and recommends automated solutions, clear policies, and regular audits to prevent fraud.