Internal Control Weaknesses in Employee Fraud: Case Study of 7-Eleven

ACCOUNTING INFORMATION
SYSTEM

Executive summary
This report analyses a particular article that review employee fraud. It leads to internal
control weaknesses in the organisation as the consequence. The case discussed on employee
fraud is on the 7-eleven franchisee restaurant chain in Australia in which owner paid the
salaries in cash to the employees so that they get the chance of paying them less and
exploiting them. This situation needs to be given more attention so that certain actions can be
taken and adoption of policy so that it can lead to minimising of the risk associated with
internal control weaknesses.

Contents
Executive summary....................................................................................................................1
Introduction................................................................................................................................3
Overview of employee`s fraud article........................................................................................3
Discussion and identification of potential control weaknesses..................................................4
Recommendation to deal with the internal control weaknesses and their implementation.......6
Conclusion..................................................................................................................................7
References..................................................................................................................................8