You spent how much?

Entitlement, opportunity, pressures can lead to expense fraud: Experts
By Sarah Dobson
|Canadian HR Reporter|Last Updated: 05/06/2014

The headlines pop up often and have a familiar theme: “CBC president Hubert Lacroix repays $30K in expenses,” “Brampton mayor Susan Fennell defends $50,000 airfare expenses” and “Former general says attacks over moving expenses a ‘smear campaign.’”

Whether it involves extravagant travel or inappropriate purchases, expense mismanagement can put executives in the public and private sector in the spotlight. And while they often claim ignorance or innocence, the damage to reputation — for the employee and employer — can be severe.

So employers are responding. Whether because of tighter budgets, the power of social media or a change in focus, expense management is more in the spotlight these days, according to the experts.