Expense claims cost business dear

first_imgAs many as2.5 million employees in the UK believe it is acceptable to exaggerate theirexpense claims at work, according to research for accounting systems providerCevas Data Systems. Theresearch, carried out by Gallup, estimates that of the 10 million employees whoclaim expenses, 25 per cent think that it is acceptable to inflate claims someor all of the time. AshleyWhittaker, chief executive of Cevas Data Systems, said, “Clearly expense fraudis too easy to commit. The fact that a quarter of those who claim expensesthink that exaggerating their figures is acceptable is quite disturbing.” Over 27per cent of the 2,100 employees surveyed believe that colleagues sometimesinflate  expense claims, but only 4 percent think that fellow staff claim too much all of the time. Whittakerbelieves that at least £230m is claimed in inflated expenses in the UK eachyear.The surveyalso shows that while 39 per cent of those who inflate their expenses only doso by up to 10 per cent, nearly 8 per cent would be happy to exaggerate by atleast 50 per cent. Furthermore, the younger the claimant the more likely theyare to believe that the practice is acceptable.Whittakersaid, “British industry must tighten up its procedures to prevent such a lossrevenue and a negative culture of petty theft in the workplace.” Previous Article Next Article Expense claims cost business dearOn 6 Mar 2001 in Personnel Today Related posts:No related photos. Comments are closed. last_img

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