Understanding Timesheet Accuracy: Insights from Real-World Examples
In the February 2017 issue of Fraud Magazine, Felicia Riney, D.B.A., highlights the importance of maintaining accurate timesheets through a real-world example involving an employee who occasionally recorded extra hours worked. Over time, these additional hours added up, illustrating how small discrepancies can impact overall payroll costs. By implementing clear attendance policies, regular audits, and encouraging a culture of transparency and accountability, organizations can ensure fair and accurate tracking of work hours, supporting both employee integrity and operational efficiency.