Page 675 - ACFE Fraud Reports 2009_2020
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Tip Sources

               Figure 10 breaks down the sources of tips that led to fraud detection. Half of all tips came from employees,
               while a substantial number of tips came from outside parties, including customers, vendors, and competitors.
               These findings demonstrate that anti-fraud education and the communication of designated reporting mecha-
               nisms should target not only internal staff, but external parties as well.




               FIG. 9  How is occupational fraud initially detected?        FIG. 10  Who reports occupational fraud?


                Tip
                                                                  43%
                Internal audit
                                                                  15%

                Management review
                                                                  12%
                                                                                                    Employee
                Other                                                                               50%
                                                                   6%
                By accident
                                                                   5%

                Account reconciliation                                                       Customer
                                                                                             22%
                                                                   4%
                External audit
                                                                   4%
                                                                                           Anonymous
                Document examination                                                       15%
                                                                   3%
                Surveillance/monitoring
                                                                                         Vendor
                                                                   3%                    11%
                Notified by law enforcement
                                                                   2%                  Other
                                                                                       6%
                IT controls
                                                                                   Competitor
                                                                   2%              2%
                Confession                                                         Shareholder/owner
                                                                                   2%
                                                                   1%
















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