lk greer, writer
The Gotcha’s Have It–Business Fraud
The Association of Certified Fraud Examiners has published its 2016 Global Fraud Study. You can review the entire study at ACFE. In the meantime, I’ve included a few highlights for you to ponder: “Typical organization loses 5% of annual revenues to fraud.” Given our daily fight for margin, this is a staggering, but not new, figure. Controls matter. Organizations without fraud controls such as proactive…