09 June 2017
The current socio-economic climate is one in which fraud, theft and corruption are rife. As a guide, the Association of Certified Fraud Examiners estimates that losses due to fraud are as much as 7% of a company's annual turnover. However with these losses impacting the bottom line, to replace this lost value costs organisations significantly more. In short, fraud is the bedfellow of organisational inefficiency.
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