Corporate Fraud Statistics
Field of Study:
“Security experts estimate that as many as 30 percent of all employees do steal, and that another 60 percent will steal
if given sufficient motive and opportunity. The current economic hard times only add to the temptation of personnel to
take what does not belong to them.” This means that it is estimated that only 10 percent of employees will not steal
under any circumstances.
The least expensive way to fight corporate fraud within your organization or those of your clients is to be aware of the
statistics surrounding its occurrence and then use that knowledge to put processes and procedures into place which will
aide in preventing its occurrence. In this course, you will be provided with several statistics which should help you meet this goal.
Following the statistical analysis, you will be provided with the ACFE “Fraud Prevention Check-up” in order to assess the
vulnerability of your organization or those of your clients to corporate fraud.
After completing this course you will be able to:
- List the average amount that corporations in the U.S. lose per day, per employee due to corporate fraud.
- List the most common method in which fraud is reported according to ACFE statistical studies.
- Recognize why fraud is not always reported by executives and the chief reasons why even CPA’s do not always want to participate with law enforcement officers while investigating a fraud incident.
Type of delivery method:
Recommended CPE credits:
Final examination expiration date:
The program participant will have one year from the date of purchase to complete the course and final examination.
Web CPE is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org