PNWC's Government Contracting Update

Fraud Conspiracies are Hard to Detect

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Contractors are required by contract to have codes of ethical conduct, sound internal controls in business systems used in Government contracting, and procedures to detect and prevent fraudulent activities. Segregation of duties and levels of approvals are controls that will help prevent fraud. However, conspiracies (two or more people acting in concert to override existing internal control systems) are much more difficult to detect and tend to go on for a long time.

Source: PNWC’s Government Contracting Update: Fraud Conspiracies are Hard to Detect

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