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