Fraud Prevention Management System

Fraud Prevention… what for?

Compliance, Corporate Governance, Fraud Prevention, Fraud Prevention Management System, Uncategorised /

Preventing fraud ​should be part of the business process of any organisation for several key reasons:​  💰 Financial Stability: ​According to the Report to the Nations published by the ACFE, any organisations would lose around 5 % of revenue to fraud each year. Particularly, in small organisations ​financial resources​ are carefully budgeted and any loss due to fraud can significantly […]

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Compliance and fraud prevention: a director’s guide

Leave a Comment / Compliance, Corporate Governance, Due Diligence Management, Fraud Prevention, Fraud Prevention Management System, Uncategorised /

Facts and figures Incredibly, fraud and cybercrime account for almost half of all crimes. In its Fraudscape 2017 report, the Credit industry Fraud Avoidance System (CIFAS) states: “With almost one in every two crimes a fraud or cybercrime there has never been a more urgent time for organisations to be alert to both the external and internal fraud threat.”Frauds are

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