The Association of Certified Fraud Examiners Essay

The Association of Certified Fraud Examiners - Essay Example The Association of Certified Fraud Examiners describes the elements of fraud as a triangle. The three legs of the triangle are an opportunity, motivation, and rationalization. The company y in question is a local one, and for purposes of the report, referred to as ABC Company. Reference to the employees is by their job titles to safeguard their identity. The company was an agency in San Antonio. It took inbound and outbound calls for several companies such as Southwestern Bell, Sears, Montgomery Wards, customers’ service call for credit card companies, and from the infomercials currently on TV. The company had a large turnover because the employees needed to meet quotas daily in order for them to receive their incentive pay. If the branch made the quota, the branch manager would get a weekly bonus. The company had two payroll departments, one for inbound employees and another for outbound employees. Some quick background on its outbound payroll department showed that ABC Company had a large payroll department that consisted of thirty people in 2000. It also paid out in 15 different locations, from San Antonio, Texas to Mobile, Alabama. The largest locations for the outbound payroll department were San Antonio and Universal City located in Texas. Some teams in the payroll department consisted of a minimum of two people a maximu m of five. Each team reported to a supervisor, who would report to the assistant director, who in turn reported to the director of the department. Some employees were cross-trained so that in the absence of one employee, any other employee would cover the position. 2. Verification specialist - verified data entered into the system and made sure all documents were in payroll files and set up correctly to reflect location and pay. This person entered all information into ADP for all company codes.