By Dana Peterka
An Association of Certified Fraud Examiners report indicates that small organizations are the most common victims in fraud instances at 31.8 percent.
The report estimates that the median losses for small organizations, with fewer than 100
employees that experienced a fraud, were $147,000.
The goal of this article is to make sure that you are aware of the potential for fraud and that the organizations (businesses, government agencies and nonprofits) you are affiliated with are effectively addressing this issue.