Is it possible to outsource the accounting function? The answer is “YES”. The accounting function could be outsourced, though this is usually limited to only a few tasks within the function. A Financial executive would start thinking of outsourcing... 

Payroll fraud by its essence is an uncomplicated scheme. However, finding the fraudulent transaction and, subsequently, proving the payroll fraud can be difficult because of the dollar magnitude and volume of transactions involved with the payroll cycle.... 

The payroll office is the ultimate gatekeeper regarding payroll internal controls and, correspondingly, has the greatest fraud opportunity. A properly completed and approved time card can be altered by the payroll clerk and processed for higher hours....