J.R. Whalen

speaker

37,077 appearances 1,141 recordings 1 series first heard Sep 2017 last heard Jan 2025

J.R. Whalen’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Expense-Report Fraud Appears to Be on the Rise · 21 Nov 2024 podcast

I'm J.R. voice-verified

Whelan for The Wall Street Journal. voice-verified

On your expense report, you might include things like your cell phone bill, airfare for work travel, or meals with clients. voice-verified

You're supposed to enter the amount accurately down to the penny. voice-verified

But more people are trying to push unauthorized purchases past the accountants. voice-verified

And in some cases, it's more than just fudging the numbers. voice-verified

So what happens if you get caught? voice-verified

We'll talk to Wall Street Journal On The Clock columnist Callum Borshers after the break. voice-verified

Expense report fraud appears to be on the rise. voice-verified

Wall Street Journal On The Clock columnist Callum Borschers joins me. voice-verified

Callum, every company's policy is different. voice-verified

What sorts of things are typically allowed to be included on expense reports? voice-verified

Do hybrid work schedules contribute to the expense abuse? voice-verified

You spoke to executives at several companies. voice-verified

What other types of things are employees putting on the company card and how are they dealing with it? voice-verified

How do people rationalize doing this? voice-verified

Don't they know they might get caught? voice-verified

I don't want to give anybody any ideas, but if they know their company's accounting department might be overwhelmed at the end of the fiscal year, could that encourage them to try to push questionable receipts through? voice-verified

What should employees do to be sure they're submitting expenses that are within company guidelines? voice-verified

If somebody is listening to us and they realize, oh yeah, I put on those gifts on the expense report. voice-verified

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