Fraud and Incompetence in Purchasing
Eric Evans
(Arthur Young Management Consultants, London)
176
Abstract
The purchasing function is particularly vulnerable to fraud. Recent research revealed a number of blind spots in the audit process: collusion between buyer and seller, suppliers taking advantage of incompetent purchasing staff and fraudulent activities by the buyer. A check‐list is provided to monitor the effectiveness of the purchasing operation.
Keywords
Citation
Evans, E. (1987), "Fraud and Incompetence in Purchasing", Industrial Management & Data Systems, Vol. 87 No. 3/4, pp. 25-27. https://doi.org/10.1108/eb057473
Publisher
:MCB UP Ltd
Copyright © 1987, MCB UP Limited