Financial statement fraud grabs headlines and trounces stock prices – but it’s not the only kind of fraud on the block. Indeed, as a recent DMNews article points out, financial statement fraud accounts for only 8% of all fraud. The Association of Certified Fraud Examiners estimates that a typical U.S. organization loses 6% of annual revenue to fraud. Fortunately, the proper tools and procedures can help your organization minimize its impact. Read more at DMNews.
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