Page 505 - ACFE Fraud Reports 2009_2020

Detection of Fraud Schemes

Figure 21: Initial Detection of Occupational Frauds

39.1%
Tip 42.2%
43.3%
16.5%
Internal Audit 14.1%
14.4%
13.4%
Management Review 16.0%
14.6%
5.6%
By Accident 6.8%
7.0%
5.5%
Account Reconciliation
6.6%
DETECTION METHOD Document Examination 0.5% 3.8% 5.5%
4.8%
Other
1.1%

4.2%
4.1%
3.8%
External Audit
3.0%
3.3%
2.4%
Notified by Law Enforcement 2.2%
3.0%
1.9%
Surveillance/Monitoring 2.6%
1.9%
1.3%
IT Controls 1.1%
1.1% 2016
1.3% 2014
Confession 0.8%
1.5% 2012
0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50%

PERCENT OF CASES

REPORT TO THE NATIONS ON OCCUPATIONAL FRAUD AND ABUSE 21