Fraud & Understanding How Forensic Accounting Can Be Utilized February 13 Cheap Jordan Retro Shoes , 2014 | Author: Rob Sutter | Posted in Business Occupational fraud may not be familiar to everyone but it is an idea that should be noted. It is defined as the process of scamming individuals who are either looking for jobs or working while trying to attain higher pay through the work that they do. This is the kind of instance that should not occur but what can be done in order to help make this a reality? I believe that there is a lot to be said about the process that is known as forensic accounting.
You may be surprised to know that occupational fraud can go on for quite some time until it is finally detected. It’s been said that the median stands at 18 months and it’s also been said that people between the ages of 31 to 45 are those who seem to commit this act the most. In addition, consider the idea that this is done by men twice as much as it is followed through with by women. I believe that there is a strong need for capable services here.
As a result, there should be instances of anti-fraud programs brought into implementation with various companies, since I believe that said programs can prove to be some of the most useful. It’s been said that companies with these programs typically undergo lower amounts of losses and even cases of fraud do not last nearly as long. If there is suspicious activity that is visible Cheap Air Jordan Shoes , shouldn’t it be reported? This is what these programs are meant for and they will help to educate everyone in the workplace who is willing to learn.
I am sure that names such as Gettry Marcus can prove useful for the sake of seeing the nature of a case of fraud. These names understand the ways in which forensic accounting can come into play, which is definitely the case here. There are so many details to consider and the fact that computerized methods are seen more so than anything else speaks volumes about their capabilities. The best part is that they can be utilized in order to help businesses of all types.
With so many points to take into account, it’s clear that fraud can be taken care of with forensic accounting set in place. Data is the name of the game and computers are put to use in order to make sure that said data is collected. In terms of what companies can do to generally keep fraud as minimized as possible, anti-fraud programs have proved useful in the past. I have to believe that the same can be said about matters which can occur in the future.
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A news video taken undercover at a factory last week revealed how common child laborers are in Chinese clothing factories and the black market chain behind this phenomena. After going viral Cheap Jordan Retro , it has led to discussions on whether there should be a change in regulations regarding underage work and the aftermath.
Children assemble necklaces at a pearl factory in Dongguan, Guangdong Province. Photo: CFP
In a dimly lit room, a group of workers were busy toiling at their sewing machines. Their heads were bowed, their fingers busy untangling threads Cheap Air Jordan , fixing zippers or stapling buttons onto shirts.
The workers at the factory all had immature faces. Some had dyed hair, some skinny arms and some had light fuzz growing on their chins. Most of the workers were in fact teenagers; many were under 16, the legal minimum age of employment in China.
This scene was revealed in a recent clip by online news portal Pear Video, in which two reporters went undercover in a factory in Changshu Cheap Jordan Shoes , East China's Jiangsu Province to shoot footage and interviews with workers, employers and agents to reveal a vast network of black market deals that stretches across half the country.
A video grab shows a teenager working in a clothes factory in Changshu, Jiangsu Province during an undercover interview by Pear Video. Photo: Pear Video
Black market chain
Starting in September, videographers Han and Zhou went around factories in Changshu trying to get a job.
Changshu is a city of clothing manufacturers. In every corner of the city Cheap Jordans , you can find a small workshop that has just a few machines and workers in a rented house.
They eventually chose a workshop that made jackets and had lots of young-looking faces among its staff. It was a three-story house and the boss rented two of the floors, one for work and one as a dormitory. Han's job was to sew buttons on jackets every day and his partner was Xiaoxiong (pseudonym), a 15-year-old boy of Miao ethnicity, who had already worked there for over six months.
There were about 20 workers in the factory http://www.cheapjordans1retro.com/ , three of them were 15, the rest were between 16 to 18 years old.
If the pair didn't work there themselves, they never would've imagined how difficult this job could be, Zhou wrote in a story published in Pear Video's WeChat account. Han lived in a 10-person dormitory that had no bathroom. If he needed to relieve himself Cheap Jordan 6 , he had to walk to the public toilet in the village. There was no hot water to shower.
According to the video, they got up at 7:30 am every day, started working as soon as they finish brushing their teeth and didn't stop till late in the night, doing a total of more than 15 hours of work every day. Han recounted to Beijing Time Media Group he had to fix buttons and zippers on 720 jackets per day. In such an atmosphere Cheap Jordan 1 , Han had to hurry every time he went to the bathroom.
"[The boss] told me 300 shirts a day to begin with, then he raised it to 500, then to 600 in August. I told him I can't do any more, he said he won't add anymore Cheap Jordan 3 , but now it's 720," Xiaoxiong says in the video.
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