04 0

Posted by  in Research + Statistics

fraudQuestion:  So what has history taught us about what happens when the US economy hits tough times?

Answer:  Internal fraud increases. 

Treasury & Risk magazine pubished an interesting piece in its 02.17.09 issue that brings perspective to historical trends and the linkage between tough economic times and the rise in internal fraud.

The lesson to be learned?

CFOs and compliance offers must be more diligent, than ever before, in following financial risk management standards.

Read the full article at http://www.treasuryandrisk.com/News/2009/Pages/Spike-in-Internal-Fraud-Expected.aspx

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>