Corporate Fraud Statistics 2020

  • Credits: 2
  • Format: Self-Study eBook
  • Field of Study: Auditing | Fraud
  • Author/Speaker: Lanford Publishing
Course ID: Advanced Preparation: Experience Level:
LP-307 None Overview
Published Date: Program Prerequisites: Other Course Formats:
© June 2020 General Understanding of Fraud Statistics Self-Study eBook

“Security experts estimate that as many as 30 percent of all employees do steal and that another 60 percent will steal if given sufficient motive and opportunity. The current economic hard times only add to the temptation of personnel to take what does not belong to them.1” This means that it is estimated that only 10 percent of employees will not steal under any circumstances.

The least expensive way to fight corporate fraud within your organization or those of your clients is to be aware of the statistics surrounding its occurrence and then use that knowledge to put processes and procedures into place which will aid in preventing its occurrence. In this course, you will be provided with several statistics which should help you meet this goal.

Following the statistical analysis, you will be provided with the ACFE “Fraud Prevention Check-up” in order to assess the vulnerability of your organization or those of your clients to corporate fraud.

Topics include:
  • Why Should We Be Aware of Statistics?
  • F.B.I.
  • Corporate Fraud Task Force
  • S.E.C.
  • The Association of Certified Fraud Examiners
  • How Vulnerable is your Corporation or Clients?


Learning Objectives:

After reading the course material, you will be able to:

  • Recognize the financial cost of fraud.
  • Recognize the most common method in which fraud is reported according to ACFE statistical studies.
  • Recognize why fraud is not always reported by executives and the chief reasons why even CPAs do not always want to participate with law enforcement officers while investigating a fraud incident.


Who Should Attend:
  • All Certified Public Accountants (CPAs)


Qualifies and Approved with all State Boards of Accountancy and the following sponsorship’s: