Category Archives: Corruption

A fraud prevention app on a phone, to illustrate Occupational, Internal and Employee Fraud- how to detect and prevent it pt 2, by Rolf Neuweiler, a2zCFO.com

Occupational, Internal and Employee Fraud- how to detect and prevent it (Part 2 of 2)

By Rolf Neuweiler 06-02-2021

Occupational fraud prevention & detection require a company to set up a reporting system, implement internal controls, & engage employees. In Part 1, we talked about three types of fraud, and the “fraud triangle”. In Part 2 we will discuss fraud prevention and detection to reduce losses. Preventing fraud is much easier and less costly […]

Occupational, Internal & Employee Fraud – What & Why (Part 1 of 2)

Accounting Asset misappropriation Business Management Corruption Ethics & Fraud Fraud prevention Incentive

By Rolf Neuweiler 05-01-2021

Internal fraud is a universal and an “evergreen” problem across all industries and cultures. Failure of ethics and the struggles therewith are just part of human nature. A typical organization loses about 5% of its annual revenue each year due to employee fraud (2014 Report to the Nation on Occupational Fraud and Abuse, by the […]