Protect Your Organization from Fraud


Fraud is a serious problem for small to large corporations alike. According to the Associated Certified Financial Examiners (ACFE) recent report, companies lose an estimated 5 percent of their annual revenue as a result of fraudulent activities by employees, managers, owners and executives. They also found that employees (42%) were more likely than their supervisors (38%) to commit a fraud within a company. How can you protect your business from fraud?

  • Internal controls with annual risk assessment

  • Inventory controls

  • Internal and Independent audits

  • Create management reviews and independent audit committees

  • Offer fraud training for management and employees

  • Have mandatory vacation and job rotation

  • Create a hotline/tip line and rewards for whistleblowers


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