Lapping schemes and audting Assignment Example | Topics and Well Written Essays - 500 words

Lapping schemes and audting - Assignment Example It is much harder to scheme receivables because it directly relates to customer accounts, and any discrepancies and delinquencies are more likely to be noticed and further investigated. It is common for a frauder, in the midst of a lapping concealment, to â€Å"pocket† the monies from one customer and then use another customer to cover the account, and continue this pattern with other accounts, to avoid attention. However these scams can be tricky, and require the wrong-doer to keep organized documentation to keep track of the accounts they are frauding and the process can get quite complex.("Norton Group") If one can find these documents then the proof is ever-present. It therefore carries an element of risk. However, with point of sale employees it is much easier to deter, discourage, and prevent some fraud. With in-store employees having security cameras and updated computer programs that keep detail accounts that are difficult to bypass are quite useful. It is much harder to predict the actions of off-site employees and more covert actions within a company. However, it is suggested that businesses owners take the time to overview the transactions going on in their company. They cannot afford small, random, inconsistencies to go uninvestigated. The more vigilant a company is about being present and conscious of everything going on within the business then it is less likely employees, who are potential frauders, would be willing to take the chance. Collusion is defined as a secretive agreement between two, or more, individuals who knowingly agree to commit a deceitful act or an act of fraud. It is particularly difficult to expose this type of fraud because it is no easy task to find a single frauder, but exposing a team working together is all the harder.(Leisner) In order to detect and deter the act of collusion there are a few suggestions for businesses to consider. It is important to have regular disclosures of

The Comparison and Contrast of Marijuana and other Harder Drugs Essay - 5

The Comparison and Contrast of Marijuana and other Harder Drugs - Essay Example Marijuana is different from heroin and cocaine in that it is a ‘natural’ drug, not a derived drug. It is known by many names such as pot, weed, grass, and skunk; all terms, however, refer to the â€Å"dried, shredded leaves, stems, seeds, and flowers of the cannabis plant.† (NDIC, 2003a, p.2) Heroin, on the other hand, is derived from opium; although opium itself is a natural substance extracted from the â€Å"seedpod of the opium poppy’ (NDIC, 2003b, p.2) heroin is manufactured from morphine which is an element of opium. Cocaine is derived from the coca leaf in South America and has to go through a chemical process to become cocaine. (NDIC, 003c, p.2) There are clear evidence and statistics reporting on death by overdose of pure cocaine and heroin use but I was unable to locate any such evidence of death by pure marijuana use.1 Heroin and cocaine, being powders (other than heroin sold in solid form in the west of the US) can be mixed with other substances like sugar, powdered cleaning agents and strychnine before being sold and thus create the risk of death, whereas it is difficult to dilute marijuana in any way. Marijuana is not associated with violent behavior as is evidenced by heroin and cocaine. A study conducted at the University of Victoria in British Columbia found that the use of marijuana on its own is not related to violent injuries in need of hospital attention but that the use of cocaine on its own is related. (NORML, 2007) There are also differences in â€Å"long-term differential associations of cocaine use and marijuana use on decision making† according to a study undertaken by Verdejo-Garcia et al. 2007. They investigated the connection between prolonged marijuana and cocaine use and its effect on learning.