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Why is it easier for someone to perpetrate fraud using a journal entry than with a ledger ?

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تم إضافة السؤال من قبل Amgad Sharif , Financial Controller , Bee60 Manpower company
تاريخ النشر: 2016/09/18
FARHAN SAFDAR
من قبل FARHAN SAFDAR , IT Manager , Shamal Securities Systems

To Goods Distributed as free samples a/c Goods Distributed as free samples a/c To Trading a/c   Profit and Loss a/c To Advertisement a/c   Goods Distributed as free samples a/c will be created under group Sales Advertisement a/c will be created under group Indirect expenses.

vikram raja
من قبل vikram raja , Accountant , Macro Polymers FZE

The reason is that these more common transactions have a system of controls built up around them that is designed to detect a variety of issues. Conversely, there are fewer controls over journal entries, which makes it easier for someone to create a fraudulent transaction

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