Page 179 - ACFE Fraud Reports 2009_2020

table of contents

table of contents

executive summary .....................................................................................................................................4
introduction ................................................................................................................................................6
Measuring the cost of occupational Fraud .................................................................................................8
Distribution of Losses
How occupational Fraud is committed ...................................................................................................10
Comparison of Methods Used to Commit Occupational Fraud
Comparison of Occupational Fraud Schemes by Frequency
Comparison of Occupational Fraud Schemes by Median Loss
Duration of Fraud Schemes
detection of Fraud schemes ......................................................................................................................18
Detecting Fraud Committed by Owners and Executives
Detecting the Largest Frauds
Detecting Fraud in Small Business
Detection Methods by Organization Type
Tips
Victim organizations ................................................................................................................................24
Types of Organizations
Size of Organizations
Methods of Fraud in Small Business
Industry
Anti-Fraud Controls in Place at the Time of Fraud
Importance of Controls in Detecting or Limiting Fraud
Control Weaknesses that Contributed to Fraud
Modification of Controls in Response to Fraud
The perpetrators ........................................................................................................................................46
Impact of Collusion
Perpetrator’s Age
Tenure of Perpetrator
Perpetrator’s Position
Perpetrator’s Annual Income
Perpetrator’s Gender
Perpetrator’s Education Level
Perpetrator’s Department
Background Checks and Perpetrator’s Criminal and Employment History
Behavioral Red Flags Displayed by Perpetrators
Methodology .............................................................................................................................................66
Who Provided the Data?
about the acFe .......................................................................................................................................68

2008 Report to the Nation on occupational Fraud and abuse