Tag: internal controls

Improving Internal Controls: Lessons from the Case of the Double-Dealing Manager

By Michael P. Maslanka, UNT Dallas College of Law Dec 27, 2023 HR Management & Compliance

Updated: Dec 27, 2023

Managers in positions of authority can either do great good for a company or inflict great harm. Because we learn more from the second than the first, I wanted to tell you about a recent case from the U.S. 5th Circuit Court of Appeals, the federal appeals court covering Texas. $11,897, 689.39 That is the […]

IRS

Missing Participants Errors Now Top DOL, IRS Audit Focus, Nudging Out Late Payroll Deposits, Winston & Strawn Says

By Jane Meacham, Contributing Editor Aug 15, 2018 Benefits and Compensation

Updated: Aug 15, 2018

Federal agency audits are never far from the minds of employer retirement plan sponsors and their third-party administrators (TPAs), but knowing which recurring errors and internal controls most interest the Department of Labor (DOL) and the Internal Revenue Service (IRS) right now can be helpful in avoiding or preparing for such inquiries.

Employee Fraud: Warning Signs, Deterring and Responding to It

By West Virginia Employment Law Letter Oct 16, 2009 HR Hero Line

Updated: Oct 16, 2009

These days it seems like you can’t pick up a newspaper or log on to the Internet without reading another story about multimillion-dollar fraud. Just when we thought we’d heard the last of Enron, Tyco, and WorldCom, along comes Bernie Madoff. But fraud isn’t a problem only for Fortune 100 companies and millionaire investors. It […]