Report Says 5 Percent of Organizational Revenues Lost to Internal Theft
Organizations around the world lose an estimated 5 percent of their annual revenues to occupational fraud, according to a survey of Certified Fraud Examiners (CFEs) who investigated cases between January 2012 and December 2013.
According to the Association of Certified Fraud Examiners (ACFE) and its 2014 Report to the Nations on Occupational Fraud & Abuse there aretop lessons business owners, directors and managers should heed to be better protected from the risk of fraud: