Page 165 - ACFE Fraud Reports 2009_2020

Skimming Skimming
Skimming – the theft of unrecorded sales – was also most
likely to be committed by employees in the accounting Department Cases %
department. Over 40% of skimming cases were commit- Accounting 59 42.4%
ted by accounting employees. We also found that approxi- Executive/Upper Management 32 23.0%
mately 27% of skimming cases were committed by sales Sales 27 19.4%
and customer service employees (who would be in the best Customer Service 11 7.9%
position to make unrecorded sales of goods or services).
We had not expected such a large percentage of skimming Purchasing 3 2.2%
cases to be traced to the executive suite. Manufacturing & Production 2 1.4%
Board of Directors 2 1.4%
Non-Cash Misappropriations Information Technology 1 0.7%
Our data on non-cash misappropriations was somewhat Finance 1 0.7%
surprising. We had expected that employees in the ware- Human Resources
housing, inventory and manufacturing departments would 1 0.7%
account for the majority of these frauds, but in reality less
than 10% of the non-cash frauds we reviewed were traced
to each of these departments. Instead, executive level em-
ployees accounted for approximately one-fourth of these Non-Cash Misappropriations
cases, and sales departments accounted for another 17%. Department Cases %
Executive/Upper Management 45 23.7%
Sales 33 17.4%
Customer Service 23 12.1%
Accounting 21 11.1%
Manufacturing & Production 17 8.9%
Warehousing/Inventory 15 7.9%
Information Technology 8 4.2%
Purchasing 8 4.2%
Finance 6 3.2%
Research & Development 5 2.6%
Human Resources 3 1.6%
Marketing/Public Relations 3 1.6%
Board of Directors 2 1.1%
Legal 1 0.5%

ACFE Report to the Nation on Occupational Fraud & Abuse