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Taking the first step to deter fraud at your organization
Fraud
Fraud risk management is a business imperative today. Fraud continues to present organizations in every industry with significant risks. According to the Association of Certified Fraud Examiners 2008 Report to the Nation on Occupational Fraud & Abuse, as much as, 7 percent of annual U.S. business revenue is lost to fraud, an increase of 1 percent from the group’s previous survey.
These statistics show that fraud is a continuing - and - growing - problem despite the many anti-fraud laws and increased emphasis on design and implementation of anti-fraud controls for businesses.
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