Fraudbusting

This book "explains just how the risks of the myriad of different types of fiaud can be minitnised, how perpetrators should be handled, and the legal risks involved for the company itself." Accountancy Age - London. It analyses the different ways in which companies are being defrauded and identifies the potential opponents and their methods in the European, American, Far Eastern, Third World and other international markets. It explains what the pitfalls are in each area and how they can be avoided. Individual chapters explain how to create an environment in which honesty and security are the norm and dishonesty is made difficult, the necessity for security to evolve with the company, its market and its needs, and how to achieve a level of excellence which will help to prevent scandals happening and limit the damage when they do. The importance of transparency is discussed together with ways to achieve the right balance between control and operational efficiency, the sort of standards that should be set, and the best way to put them across to the target audiences.
The book also discusses who to go to for help, what they will do, what the options are, and the advantages and disadvantages of different services. Finally, the author considers the legal risks, ways of investigating them and assesses how to limit potential damage, including insurance packages for security and cost-effectiveness.