Question

Imagine that you are a Security Administrator. Explain how you would respond to the following situations, and why? During an audit you discover an internal control weakness that could allow for the embezzlement of fund from the company. You notice your co-worker has recently started arriving to work in a new car and wearing more expensive clothes and jewelry. You are the assistant controller and you notice a control weakness that would allow you to embezzle funds from the company.

Answer 1

The best thing to do is to get evidence that your co-worker embezzles funds from the company, If suspicions are true then report to the CEO of the company as this will prove your loyalty to the company therefore benefiting me a promotion.