Page 721 - ACFE Fraud Reports 2009_2020

FIG. 59 What anti-fraud controls are the most common in FIG. 61 Cases by country in Eastern
Eastern Europe and Western/Central Asia? Europe and Western/Central Asia

Control Percent of cases
Country Number of cases
External audit of financial statements 89% Albania 1
Code of conduct 87% Azerbaijan 1
Management review 84% Bosnia and Herzegovina 1
Internal audit department 80%
Management certification of financial statements 78% Bulgaria 2
Hotline 76% Czech Republic 5
Anti-fraud policy 73% Estonia 1
Independent audit committee 72% Georgia 1
External audit of internal controls over financial reporting 71% Hungary 5
Fraud training for employees 67% Kazakhstan 4
How does the perpetrator's level of authority relate to occupational
Fraud training for managers/executives 66% Kosovo 2
fraud in Eastern Europe and Western/Central Asia?
Dedicated fraud department, function, or team 58% Lithuania 1
Formal fraud risk assessments 51% Moldova 1
Surprise audits 45% North Macedonia 2 6
Poland
Proactive data monitoring/analysis 42% Romania 9
Employee support programs 29% Russia 13
Job rotation/mandatory vacation 29%
Rewards for whistleblowers 9% Serbia 14
Slovakia 3
Slovenia 4
FIG. 60 How does the perpetrator’s level of authority Tajikistan 13 1
Turkey
relate to occupational fraud in Eastern Europe and Ukraine 4
Western/Central Asia? Median Loss Eastern Europe and Western/Central Asia? 1
Uzbekistan
45
Total cases: 95
40 37%
34%
35 26%
PERCENT OF C A SES 25 MEDIAN LOSS:
30

usd 133,000
20
15
10
5
0 5%
Employee Manager Owner/
executive OF ALL CASES

95
$49,000 $150,000 � � � � �
CASES
MEDIAN L OSS

$454,000

Eastern Europe and Western/Central Asia Report to the Nations 65