Substantially reduce the largely hidden cost of fraud, and reap a
new competitive advantage.
As the title suggests, "Countering Fraud for Competitive
Advantage" presents a compelling business case for investing in
anti-fraud measures to counter financial crime. It looks at the
ways of reaping a new competitive advantage by substantially
reducing the hidden cost of fraud. Aimed at a wide business
community and based on solid research, it is the only book to put
forward an evidence-based model for combating corporate fraud and
financial crime.
Despite its increase and capture of the news headlines,
corporate fraud is largely ignored by most organizations. Fraud is
responsible for losses of up to nine percent of revenues--sometimes
more. Yet, most organizations don't believe they have a problem and
don't always measure fraud losses. This highlights an area for
capturing a competitive advantage--with the right counter-fraud
strategy, massive losses due to the cost of fraud can be reduced
for a fraction of the return.Advocates a new model for tackling
fraud and illustrates theories with best practice examples from
around the worldThe authors have close links with the Counter Fraud
Professional Accreditation Board: Jim Gee is a world-renowned
expert in the field, and has advised private companies and
governments from more than 35 countries. Mark Button is Director of
the leading Centre for Counter Fraud Studies, Portsmouth
University, U.K.
Organizations are losing millions of dollars to fraud. This book
outlines a comprehensive approach to reducing financial crime and
helping return some of the revenue lost to the cost of fraud.
General
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