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Fraud - PwC

FraudA guide to its prevention,detection and Fraud is a persistent fact of business life, affecting businesses of all sizes and across all industries. Consider the following recent statistics: of Australian businesses suffered some form of Fraud between 2005 and 2007 (PricewaterhouseCoopers Economic Crime Survey 2007) Fraud costs Australian business and government $ billion a year one-third of the total cost of all crime in Australia (Australian Institute of Criminology s 2003 report, Counting the costs of crime in Australia) of Australian respondents suffered losses in excess of $1 million between 2005 and 2007 (PricewaterhouseCoopers Economic Crime Survey 2007).

techniques in fraud prevention, detection and investigation. ... Inventory equipment Intellectual property and other assets Utilisation for personal benefi t or gain Inadequate supervision or controls Low staff morale and ... analysis and assessment can be undertaken. It is important

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