Most common fraud risk factors

Eleven of the most common fraud risk factors for your business.

At Carr Jenkins Hood we can provide businesses in the Swansea area with support and advice in many important areas. Here are some of employee fraud warning signs to look out for.

Beware of the most common fraud risk factors for your business. These might include:

  1. Large amounts of cash in hand
  2. Small inventory with a high cash value
  3. Easily convertible assets (eg. tools, vehicles)
  4. Lack of separation of employee duties
  5. Employee awareness of future redundancies
  6. Disgruntled employees with access to significant assets
  7. Poor physical safeguards over cash and other assets
  8. Untimely and poorly organised documentation for transactions
  9. Lack of mandatory holiday for employees performing key control functions
  10. Missing or unexplained documents
  11. Inappropriate supervision - such as remote locations.

If you are looking for professional assistance from a team of accountants and business advisers in the Swansea area, contact Carr Jenkins Hood.

Do you have any questions for us?

Simply get in touch and the relevant team member will get back to you asap.


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Carr Jenkins Hood is the trading name of Redwood Wales Limited, a Company registered in England and Wales Number: 05137675.
Registered office: Redwood Court, Tawe Business Village, Swansea Enterprise Park, Swansea, SA7 9LA.

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