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Date: April 29, 2024 Mon
Time: 10:59 pm
Time: 10:59 pm
Results for fraud (australia and new zealand)
1 results foundAuthor: KPMG Title: Fraud and Misconduct Survey 2010: Australia and New Zealand Summary: KPMG's ninth biennial Fraud and Misconduct Survey 2010, Australia and New Zealand looks into the extent and nature of fraud in the public and private sector – how much was stolen, who stole it, how they stole it and how to prevent them stealing it again. Key findings include the following: The total cost of fraud is increasing: $345.4 million was lost to fraud compared to $301.1 million two years ago. Yet respondents believed that only a third of total losses are being detected. We could be looking at the tip of an iceberg; The value per fraud is increasing: The number of separate frauds reported fell when compared with the 2008 survey, yet the average fraud rose from $1.5 million in 2008 to $3 million in 2010; Who did it: 65 percent of major frauds are committed by people already working in the organisation who usually act alone. The main motivator for fraud was greed and lifestyle. Details: Sydney(?): KPMG, 2010. 43p. Source: Internet Resource: Accessed December 6, 2010 at: http://www.kpmg.com/AU/en/IssuesAndInsights/ArticlesPublications/Fraud-Survey/Documents/Fraud-and-Misconduct-Survey-2010.pdf Year: 2010 Country: Australia URL: http://www.kpmg.com/AU/en/IssuesAndInsights/ArticlesPublications/Fraud-Survey/Documents/Fraud-and-Misconduct-Survey-2010.pdf Shelf Number: 120388 Keywords: Corporate CrimeCorruptionFraud (Australia and New Zealand) |